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Chilean cryptocurrency exchanges Buda, Orionx, and Cryptomkt were given notice their accounts will be closed by Banco del Estado de Chile. This comes after the three were also targeted with account closings by Itaú Unibanco Holding S.A. of Brazil and The Bank of Nova Scotia (Scotiabank of Canada). Also read: Trezor to Implement Bitcoin Cash Addresses … Read more
The regulatory situation surrounding cryptocurrency is creating a lot of confusion. Very few countries have any active guidelines in this regard, although it seems that will come to change rather soon. Chile’s Association of Banks and Financial Institutions has been asked to take a definitive stance on this particular industry once and for all. How that will … Read more
Two cryptocurrency exchanges from Chile have called on the country’s baking association (Asociación de Bancos e Instituciones Financieras or ABIF) to issue a clear position regarding the new industry. The companies took this step after a number of Chilean banks reportedly shut down their accounts just for dealing with cryptocurrencies. Also Read: Misleading Cryptocurrency ”Partnership” … Read more
