Bancolombia, Colombia’s largest bank, ventures into crypto with Wenia exchange & COPW stablecoin. Aiming for 60k users in a year, competing with Binance & Bitso. Exclusive to Colombian nationals, Wenia facilitates crypto trading, including Bitcoin. Bancolombia emphasizes risks in crypto trading, clarifying assets aren’t backed by gov’t or deposit insurance. Wenia, registered in Bermuda, operates independently, clarifying legal jurisdiction.
