Chile

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Microsociety Fort Galt in Chile Uses Bitcoin to Build Anew

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Cryptocurrencies function in a myriad of ways, from stores of value to mediums of exchange, embedded payment systems, vehicles for smart contracts. A use case perhaps underappreciated is the potential for digital assets to facilitate freer societies. Micro-societies, breakaway camps, isles of autonomy are in various states of construction around the world. One of the … Read more

Chilean Minister Supports Cryptocurrencies After Court Sided With Exchanges Against Banks

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The Chilean Minister of Economy has voiced his support for cryptocurrencies after the country’s anti-monopoly court ordered major banks to re-open the accounts of crypto operators. Three banks out of the 10 sued by local cryptocurrency exchange Buda have been ordered to re-open crypto exchange accounts. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space … Read more

Court Orders Chilean Banks to Re-Open Crypto Exchange Accounts

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Chile’s anti-monopoly court has ordered two major banks in the country to re-open accounts for a cryptocurrency exchange after it filed a lawsuit against 10 banks accusing them of anti-competitive behavior. The two banks must enter into a new contract with the crypto exchange under the same terms and conditions as before. Also read: Yahoo! Japan … Read more

Chilean Crypto Exchanges Appeal Against Banking Embargo

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A number of Chilean cryptocurrency exchanges have sought to appeal the recent decision by several Chilean banks, including state-owned Banco del Estado de Chile, to suspend the accounts of cryptocurrency exchanges. Also Read:Alleged British Bitcoin Scammer Extradited to US for Defrauding Over $36 Million Chilean Crypto Exchanges to Receive Appeals Hearing It has been reported … Read more