Swiss banking group Maerki Baumann has become only the second bank in Switzerland to extend services to the cryptocurrency sector, providing much-needed access to banking services for crypto businesses operating in the country.
Finder.com co-founder and crypto enthusiast Fred Schebesta is interested in opening a cryptocurrency bank in Australia.
Chile’s Court of Appeals sided with Orionx crypto exchange, noting that the bank decision was an “arbitrary and illegal action, which constitutes a deprivation of the right to equality before the law.”
The transaction, which usually takes around a week to complete with paper-based processing, was finalized within a few hours on the blockchain, according to HSBC.
The anti-monopoly court in Chile has ruled that cryptocurrency-related bank accounts should be reopened while the lawsuit filed by exchanges Buda, Orionx and Crypto MKT continued.