Bitcoin Forum
September 18, 2018, 06:31:29 PM *
News: Latest stable version of Bitcoin Core: 0.16.2  [Torrent].
   Home   Help Search Donate Login Register  
Pages: [1]
Author Topic: [26-04-2018]Chile’s Court Orders Two Banks to Re-open Accounts of Crypto Exchang  (Read 18 times)
Jr. Member
Offline Offline

Activity: 140
Merit: 1

View Profile
April 26, 2018, 11:26:56 AM

Chile’s Court Orders Two Banks to Re-open Accounts of Crypto Exchanges Chile anti-monopoly court has ordered two banks to re-open the accounts of Buda cryptocurrency exchange. Earlier this month; a group of exchanges in Chile filed a lawsuit against the banks’ decision to shut down their accounts. Buda, Orionx, and CrytpoMarket say that the banking

Read More:
Einax Airdrops and Bounties made easy! List your ERC-20 token
ETH markets launching soon!
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
Slow death
Hero Member
Offline Offline

Activity: 952
Merit: 609

View Profile
April 26, 2018, 12:26:27 PM

Chile’s Court Orders Two Banks to Re-open Accounts of Crypto Exchanges...

this is one of the many cases that are happening all over the world, banks are intensifying their campaign against bitcoin, before they just advised their clients not to buy bitcoin, but now they have started to use more radical methods like closing exchange bank accounts and in some cases the banks close accounts of people who buy bitcoin, see the court of chile take that position is very praiseworthy, at least they comply with the laws.

Offline Offline

Activity: 210
Merit: 0

View Profile
April 27, 2018, 11:51:39 AM

Few days back, Chilean central bank has shut down accounts of top cryptocurrency exchange without any intuitions. The Buda, Chilean cryptocurrency exchange had persuaded a court to order the re-opening its accounts temporarily.

Read more here:
Hero Member
Offline Offline

Activity: 742
Merit: 680

I bit, therefore I am

View Profile
April 27, 2018, 01:19:42 PM

I didn't read the whole thing but if the headline is accurate then this is no small victory for the two exchanges. It's really been only a week or so since their accounts were shut down, and made perfect legal sense for them to appeal, there was no legal grounds for the central bank to act as it did.

Maybe this will result in tighter controls for future exchanges but that's actually still good news all round.

Pages: [1]
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!