Bancolombia, a major banking company in Colombia, has launched Wenia, a cryptocurrency exchange aiming to disrupt the country's crypto space. Wenia seeks to compete with established players like Binance and Bitso in Latin America and Colombia by providing high levels of security linked to the financial group for newcomers to the crypto space. Juan Carlos Mora, President of Bancolombia Group, sees Wenia's launch as the result of nearly a decade of work on solutions to facilitate the adoption of digital assets and blockchain products in Colombia.