Chilean Cryptocurrency Exchanges Now Denied Banking Services
Posted: Wed Apr 04, 2018 11:37 am
The only bank in the South American nation of Chile that works with cryptocurrency exchanges has decided to stop servicing their accounts, according to local paper El Mercurio.
Specifically, Banco del Estado de Chile, operating as Banco Estado, is cutting ties with Buda, Orionx, and CryptoMKT.
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The bank said in a statement: “Banco Estado has decided not to interact with companies that issue or generate cryptocurrencies, that provide brokerage and intermediary services with cryptocurrencies, and do not serve as a platform for crypto exchange transactions.”
Orionx ... (read more)