Chile's CMF now working with Central Bank on crypto-regulations

2020-11-14 19:00

Even though the idea of cryptocurrencies has been to provide financial independence to people, for worldwide adoption, crypto will require support from world governments. This is an important step sinThe post Chile's CMF now working with Central Bank on crypto-regulations appeared first on AMBCrypto.

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Chilean Court Rules in Favor of Closing Bank Accounts of Crypto Exchange Orionx

In a landmark judgment, the Supreme Court of Chile has ruled that state-owned Bancoestado was justified in closing the accounts of cryptocurrency exchange Orionx without explanation. The judges ruled that the bank acted in compliance with laws on money laundering and terrorist financing, a threat allegedly posed by censorship-resistant, decentralized cryptocurrencies.

2018-12-6 14:30


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