Three major banks in Chile have been ordered to reopen current accounts of cryptocurrency exchanges, Buda.com, and Cryptomkt, and one bank has immediately yielded assent. Buda, Chilean cryptocurrency trading platform convinced a court to give a détente in its dispute with banks.
Martin Jofre, founding partner of the cryptocurrency platform confirmed that Bancoestado, Chile’s only public bank finalized the first reopening of a current account for Cryptomkt.
Read the details in the article of Coinidol dot com, the world blockchain news outlet:
https://coinidol.com/chilean-banks-to-reopen-cryptocurrency-exchange-accounts/From what I have been reading, it seems the judiciary has been the saving grace for most countries at least in the short term. Decisions have been reversed, so also pronouncements have been made which have been in favour of crypto as we await for others countries such as Brazil, India and other countries that have decided to take matters into their own hands without following due process.
From all indication, it seems the judiciary has been the unbiased umpire but it won't last for long which is why the legislature should be who we should be mounting pressure on rather than rejoicing on this. The legislature can establish a framework that would be applicable long-term and solve lots of issue at the same time meet both parties at the middle.