Banks in Chile Close Accounts For Several Cryptocurrency Exchanges Yet Won`t Say Why
(WorldNews South Korea)

The banking industry from South America`s wealthiest nation is refusing to clarify why a number of cryptocurrency platforms had their bank accounts closed last month, according to Bloomberg. Chilean trading platforms Buda, Orionx, and CryptoMarket all said they were trying to find ways to continue operating in Chile after their accounts were closed by the state-owned Banco del Estado de Chile, Bank of Nova Scotia, and Itau Corpbanca. The exchanges registered complaints with an appeals court, which agreed to hear their case, but the accounts are still closed which are leaving the exchanges with nowhere to go. A number of crypto-businesses are facing more regulation around...