Home » Tag Archives: Chilean

Tag Archives: Chilean

Court Orders Chilean Banks to Re-Open Accounts With Local Cryptocurrency Exchanges

Taking a step forward for the cryptocurrency market in the battle against traditional banking, Chilean crypto trading platform Buda has persuaded a court to force the re-opening of the exchange’s accounts. Chile’s anti-monopoly court has ordered Itau Corpbanca and Banco del Estado de Chile — the country’s central bank — to re-open Buda’s accounts, according to Bloomberg. This comes following news earlier ...

Read More »

Chilean Banks Ordered to Re-Open Crypto Exchange Accounts by Court

Join our community of 10 000 traders on Hacked.com for just $39 per month. Chile’s anti-monopoly court recently ordered two major Chilean banks to re-open the accounts of one of the country’s largest cryptocurrency exchanges, Buda. The country’s anti-monopoly court ruled that the state bank Banco del Estado de Chile and Itau Corpbanca should re-open the cryptocurrency exchange’s accounts, presumably ...

Read More »

Chilean Anti-Monopoly Court Orders Banks To Re-Open Crypto Exchange’s Accounts

Major Chilean cryptocurrency exchange Buda has persuaded a court to order the re-opening of its accounts at two major Chilean banks, Bloomberg reports April 25. Chile’s anti-monopoly court published the ruling on its website, ordering state bank Banco del Estado de Chile and Itau Corpbanca to re-open Buda’s accounts while the exchange’s lawsuit continues against 10 banks, including the aforementioned ...

Read More »

Chilean Bitcoin Exchanges Have Their Bank Accounts Closed for No Reason – The Merkle

The cryptocurrency world is always changing and evolving. Not all of these developments will make a positive impact, though. In Chile, banks are closing the accounts of cryptocurrency exchanges and traders alike. This is not a unique development, but it goes to show South America’s wealthiest nation has no love lost for Bitcoin. Chilean Banks Make Their Move In this ...

Read More »

Chilean Cryptocurrency Exchanges Take Banking Blockade to Appeals Court

Join our community of 10 000 traders on Hacked.com for just $39 per month. Chile’s largest cryptocurrency exchanges, Buda, CryptoMarket (Crypto MKT), and Orionx recently applied to an appeals court to confront a banking blockade they’re currently facing. As covered by CCN, the cryptocurrency exchanges recently saw Itau Corpbanca, Bank of Nova Scotia, and the state-owned bank Banco del Estado ...

Read More »

Chilean Crypto Exchanges Go To Court To Fight The Banks ‘Killing An Entire Industry’

Chilean cryptocurrency exchanges BUDA, Orionx, and CryptoMarket (CryptoMKT) have recently applied to an appeals court to confront the banks that shut down their platforms’ accounts, Bloomberg reported Friday, April 13.  The court has agreed to hear the case, but the bank accounts are still closed. According to local news outlet Emol, the banks Itau Corpbanca and Scotiabank announced the closure ...

Read More »

Chilean Cryptocurrency Exchanges See Banking Blockade with Shuttered Accounts

Join our community of 10 000 traders on Hacked.com for just $39 per month. Three Chilean cryptocurrency exchanges, BUDA, Crypto MKT, and Orionx, are about to lose banking services as BancoEstado, the last bank supporting cryptocurrency exchanges in Chile, has announced it’s closing the trading platforms’ accounts. According to local news outlet El Mercurio, the financial institution decided to, for ...

Read More »

Chilean State Banks Closing Cryptocurrency Exchange Accounts Causes Concern Over Future of Industry in The Country

CryptoMKT, one of only three cryptocurrency traders operating in Chile, was told late last week that state lender BancoEstado was closing its account within 10 days. The news comes after other commercial lenders Scotiabank and Itaú CorpBanca made similar account closure announcements and the country’s other banks declined to accept traders as clients. Santiago-based CryptoMKT — which operates in the market with Buda and Orion — is taking ...

Read More »

Chilean Cryptocurrency Exchanges Seek Clear Regulations After Banks Shutter Accounts

Join our community of 10 000 traders on Hacked.com for just $39 per month. Two Chilean cryptocurrency exchanges, BUDA and Crypto MKT, recently saw a number of banks in the country shut down their accounts for dealing with cryptocurrencies. In response, the companies decided to call on the country’s banking association, Asociación de Bancos e Instituciones Financeras (ABIF), to clarify ...

Read More »

Chilean Exchanges Seek Clear Regulations On Crypto After Banks Denied Them Services

Two cryptocurrency exchanges BUDA and Crypto MKT, which operate in Chile and some other Latin American countries, have recently asked the Chilean Association of Banks (ABIF) to clarify its stance on cryptocurrencies and cryptocurrency trading after the firms’ corporate accounts were closed by a number of Chilean banks, local news outlet PULSO reported March 25. In its public statement dubbed ...

Read More »