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In an ongoing dispute between banks and cryptocurrency exchanges in Chile, an appeals court has finally ruled in favor of one crypto exchange against one of the largest banks in the country. Five major banks have also separately responded to lawsuits against them in court. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Court […]
The post Chile Appeals Court Rules in Favor of Crypto Exchange Against Bank appeared first on Bitcoin News.
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In recent weeks, the peer-to-peer (P2P) bitcoin markets of several Latin American markets have produced record-breaking volume, with the Localbitcoins markets of Chile, Peru, and Venezuela producing all-time highs for trade volume in recent weeks when measured in local fiat currencies. The Canadian markets have also produced a dramatic spike in volume – recently setting […]
The post P2P Markets Round-Up: Record Volume Across Canadian and Latin American Markets appeared first on Bitcoin News.
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A local cryptocurrency exchange in Chile has reportedly filed a lawsuit against six major banks in the country for abusing their power and quashing its crypto payment business. This lawsuit follows another one filed in Chile against ten banks by a different crypto exchange. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Six Banks […]
The post Six Major Banks in Chile Sued by Another Cryptocurrency Exchange appeared first on Bitcoin News.
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Following the court order for three major banks in Chile to reopen current accounts of crypto exchanges, Cryptomkt and Buda.com, one bank has complied. Bancoestado has reportedly made arrangements to open an account for Cryptomkt exchange, which expects to resume cryptocurrency transactions in the coming days. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space […]
The post Chilean Bank Reopens Accounts of Cryptocurrency Exchanges appeared first on Bitcoin News.
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The Chilean president, Mario Marcel, has made comment seemingly in favor of developing a regulatory apparatus for virtual currencies. The apparent openness to regulating cryptocurrencies contrasts significantly from the recent banking embargo targeting virtual currency recently witnessed in Chile. Also Read: Spanish Regulator Open to Approving Funds Investing Directly in Cryptocurrencies Chilean President Discusses Benefits of […]
The post Chilean President Considering Regulation of Cryptocurrencies appeared first on Bitcoin News.
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Chilean Central Bank president is mulling over crypto regulation, following three crypto exchanges’ request for a clear position after closure of their banks accounts
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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 […]
The post Microsociety Fort Galt in Chile Uses Bitcoin to Build Anew appeared first on Bitcoin News.
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Let’s continue evaluating banks and crypto – this time in the Western hemisphere #ANALYSIS
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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 […]
The post Chilean Minister Supports Cryptocurrencies After Court Sided With Exchanges Against Banks appeared first on Bitcoin News.
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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 […]
The post Court Orders Chilean Banks to Re-Open Crypto Exchange Accounts appeared first on Bitcoin News.
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