[2016-08-09] Colombian Colbitex Exchange Shuts Down Over Regulatory Concerns

[jdebunt]

Colombian authorities, or to be more precise, the financial authority of Colombia, has prohibited all cryptocurrency operations in the country. Their decision is based on the ideology of Bitcoin not being labeled as “money” in the country. But there is more, as these government officials want to make Bitcoin activity punishable by law, similar to what Russia is doing.

http://themerkle.com/colombian-colbitex-exchange-shuts-down-over-regulatory-concerns/