The country’s Minister of Finance has reportedly introduced a bill that would offer regulatory guidance for cryptocurrency.
The Banco Central de Chile (BCC), the central bank of Chile, continues to do everything it can to prevent cryptocurrencies from taking hold in the country.
The Supreme Court in Chile has issued a decision allowing the state bank Banco del Estado de Chile to close the account of cryptocurrency exchange Orionx .
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.”
Cryptocurrency exchange Buda, which is already fighting anti-crypto banks in Chile, has seen its Colombian accounts ordered closed.
At least 11 cryptocurrency exchanges in India had requested an injunction against the Reserve Bank of India, but that has now been denied by the country’s Supreme Court.
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.