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After cutting the benchmark interest rate to 4.5% in January, the central bank board "considered the cycle of rate reductions had been completed," says Echavarría

Coinapult, a startup in Panama City, has launched an initiative to allow Colombians to buy Bitcoin at some 300 kiosks across Colombia.

Colbitex launched in this beta form, using valueless currency, on June 3 and plans to go live officially in July.