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Chilean Banks Close Cryptocurrency Exchange Accounts

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Chilean Banks Close Cryptocurrency Exchange Accounts

Post by Vladdirescu on Thu Apr 19, 2018 1:35 pm

Banks in Chile, South America’s wealthiest country, have a huge impact on cryptocurrency exchanges by closing the accounts held by trading platforms.
The Chilean trading platforms Orionx, CryptoMarket and Buda are trying everything possible to find ways of continuing their operation in the country after Bank of Nova Scotia, Itau Corpbanca and state-owned Banco del Estado de Chile closed their accounts in March without giving any explanation. Banco Estado disclosed that it had decided “not to operate with companies that are dedicated to the issuance or creation, brokerage, intermediation or serve as a platform for the so-called cryptocurrencies.”
Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/chilean-banks-close-cryptocurrency-exchange-accounts/


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