According to reports, Chile's main cryptocurrency exchange, Buda, has persuaded the court to order its two major Chilean banks to reopen their accounts.
The Chilean Anti-Monopoly Court issued a decree on its official website, requiring banks Banco del Estado de Chile and Itau Corpbanca to reopen the bank account of Buda, the main digital currency exchange.
The blockchain had previously reported that the bank accounts of Chile’s various exchanges were forcibly closed by the bank, and the exchange filed a lawsuit in court, saying that the bank was acting unilaterally to “kill the entire industryâ€. At the end of March, two cryptocurrency exchanges in Chile, BUDA and Crypto MKT, issued a public statement requesting the regulator to provide a clear position. Although they strongly protested through the media and Twitter, the bank refused to respond.
It is reported that in mid-April, Chile's largest cryptocurrency exchanges Buda, CryptoMarket (Crypto MKT) and Orionx appealed to the court to oppose the bank to close its account.
In response to the Chilean antitrust court, Buda CEO Guillermo Torrealba said that although Chile hopes to show openness and freedom to new technologies, it is very cautious: "Chile is a very conservative country, even though we are the world. It is a great effort to treat it as a liberal."
Torrealba revealed that the bank refused to respond, despite strong protests from the media and Twitter. He said the strong banking industry is making the environment in the cryptocurrency industry worse than Ecuador, Bolivia or China.
He stressed that there is no law, ruling or legislation to prevent the cryptocurrency industry-related companies from functioning properly, and the banking industry has already played the role of hegemonic regulator.
16.8v Charger,240v lithium battery charger,16.8v lithium ion battery charger,16.8v AC DC Charger,Li-ion battery charger 16.8v
ShenZhen Yinghuiyuan Electronics Co.,Ltd , https://www.yhypoweradapter.com