Bitcoin Forum

There are hardly times when we use the word Chile and Bitcoin in a single sentence, probably because the country seems to always have lacked initiatives towards the digital currency sector.

The wind however is changing direction with the launch of SurBTC, a Bitcoin exchange which lately began its operations on Chilean soil, eventually becoming the first full fledged organization in the country to be involved with the digital currency sector.

Read more: http://www.newsbtc.com/2015/04/15/chile-gets-its-first-bitcoin-exchange-in-surbtc/

Laws and regulations in Lation America can be quite complex, especially for those dealing with Forex. I just hope that the government will not create any problems for the normal operations of this new exchange. And most importantly, I hope that the owners will remain as trustworthy and honest people, rather than running away with their users' coins.

 They have become less responsive n slow to do deposites. I hope they dont have liquidity problems !

I feel like this may be the case but I don't know how far and how well they'll be able to go to regulate those rules. For the most part, it seems like at the beginning points of these rules regardless of country, they won't be able to regulate every bit of it right off the bat. That's why I think it'll take a while for Bitcoin to be completely integrated into countries in my opinion.