Tag Archives: Chile

Hodler’s Digest, Dec. 3-Dec.9: US SEC Delays BTC ETF Decision Again, While Nasdaq Confirms 2019 BTC Futures Launch

Coming every Sunday, the Hodler’s Digest will help you to track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, and much more — a week on Cointelegraph in one link. Top Stories This Week US SEC Delays Bitcoin ETF Decisions, Changes Deadline to Late February… Read More »

Chile Court Says Banks Can Ban Crypto Exchanges: Will Market Survive?

Advertisement On December 6, the Third Chamber of the Chilean Supreme Court officially sided with the state-owned BancoEstado after it banned a local crypto exchange by shutting down its bank account. Orionx, a digital asset trading platform based in Chile, filed an appeal with the supreme court following an abrupt termination of its account by BancoEstado. Ultimately, the… Read More »

Inside Chilean Power Battle: Crypto Exchanges vs. State Banks

On Monday, Dec. 4, the Chilean Supreme Court welcomed the decision of state-owned Banco del Estado to close the accounts of local cryptocurrency exchange Orionx. The new phase in the legal battle between the banks and several crypto exchanges — including Buda.com and CryptoMarket (CryptoMKT), which had appealed against the denial of services — may look somewhat sinister… Read More »

Chilean Supreme Court Backs Bank’s Closure of Crypto Exchange Account

Advertisement The Third Chamber of the Chilean Supreme Court has rejected the appeal of cryptocurrency exchange Orionx, which means that the account of the company with state-owned BancoEstado will continue to remain closed, local news outlet reports. Earlier this year, Chilean banks Itau Corpbanca, Bank of Nova Scotia, and state-owned Banco Estado decided to shut down the activities… Read More »

Chile: Crypto Exchange Loses Ongoing Legal Battle in Supreme Court Ruling

The Chilean Supreme Court has ruled against crypto exchange Orionx, allowing a state-owned bank to close its account, local news outlet Emol reported Dec. 4. The third chamber of the high court has revoked the decision taken in July that had guaranteed protection to Orionx and forced local state-owned bank Banco del Estado to reopen its account. The… Read More »

Only 39 Percent of Chileans Are Aware of Cryptocurrencies, Study Shows

The results of the first Financial Knowledge Index conducted in Chile reveal that only 39 percent of citizens have ever heard of cryptocurrencies, according to a paper published Tuesday, Oct. 16, by the Chilean Central Securities Depository (DCV). Consulting company Cadem, which performed the research on behalf of DCV, interviewed almost thousand citizens, both men and women, in… Read More »

Chilean Bitcoin Exchange Buda Adds Lightning Network Support

Advertisement Buda, one of Chile’s largest cryptocurrency exchanges by trading volume, has recently introduced support for Lightning Network (LN) payments on its platform, to allow its users to experiment with the second layer scaling solution. Bitcoin Exchange Now Accepts Lightning Network Payments According to a recently published blog post, users will be able to pay via the Lightning… Read More »

Chilean MPs Present Blockchain Adoption Resolution to Parliament

Two Chilean deputies have presented a resolution on blockchain adoption to the lower house of the country’s parliament (Camara de Diputados) on Thursday, October 4, local news website Fortin Mapocho reported. The proposed blockchain resolution project was first registered in late August. In the project proposal, the two presenting members of parliament (MPs) Miguel Angel Calisto and Giorgio… Read More »

5,000 Merchants Can Now Accept Cryptocurrency Payments in Chile

Advertisement Chilean cryptocurrency exchange Crypto MKT has recently announced that the country’s citizens can now buy products and services with cryptocurrency from over 5,000 merchants through a new integration with a crypto payment processor. According to the announcement, a partnership between Crypto MKT and online payments platform Flow.cl allowed the merchants to add cryptocurrency payment options through a… Read More »

Chilean Court Orders State-Owned Bank to Re-Open Bitcoin Exchange Orionx’s Account

Advertisement The Fourth Chamber of the Court of Appeals of Santiago has recently ruled that state-owned Banco Estado has to re-open the account of bitcoin exchange Orionx, after it seemingly illegally shut it down. As CCN covered, earlier this year Chilean banks Itau Corpbanca, Bank of Nova Scotia, and state-owned Banco Estado shut down the accounts of the… Read More »