SurBitcoin to resume ops after resolving conflict with Venezuela bank

Venezuela’s largest bitcoin exchange, SurBitcoin, is back in business.

If you recall, the bitcoin exchange had been forced to suspend trading for all its users three weeks ago after Banesco, the largest financial institution in Venezuela, closed the company’s bank account. The bank told SurBitcoin that Venezuelans aren’t allowed to make use of the national currency, the Bolivar, to trade Bitcoin.

But it appears that SurBitcoin has already solved its dispute with Banesco.

On its Facebook page, the bitcoin exchange announced that operations will be restored in one week’s time. SurBitcoin said it has finally secured an approval from the Venezuelan bank, allowing the exchange to handle fiat currency on the platform.