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Cryptocurrency Exchanges Still Fighting Private Banks for Right to Open Bank Accounts in Chile

Cryptocurrency Exchanges Still Fighting Private Banks for Right to Open Bank Accounts in ChileThe conflict between banks and cryptocurrency exchanges in Chile is still developing, as some banks are reticent to serve this kind of institution. A new report prepared by exchanges reports that most of these banks refuse to include crypto companies as customers for risks that are nevertheless managed in the case of servicing other kinds […]

Former Bitmex Chief Expects Bitcoin to Trade Within $60K-$70K Range Until August

After Years of Uncertainty, Cryptocurrency Exchanges Can Open Bank Accounts in Chile

After Years of Uncertainty, Cryptocurrency Exchanges Can Open Bank Accounts in ChileAfter years of court battles in Chile, a cryptocurrency exchange has managed to open a bank account in Bci, a financial institution that established a protocol to serve these businesses. The first exchange that opened a bank account with the institution was Buda, a local exchange, which satisfied the requirements of the bank in the […]

Former Bitmex Chief Expects Bitcoin to Trade Within $60K-$70K Range Until August

Fintech Bill Approved and Ready to Be Sanctioned in Chile

Fintech Bill Approved and Ready to Be Sanctioned in ChileA fintech bill, which seeks to regulate fintech and cryptocurrency-related activities in Chile, has been approved by the deputy chamber of the congress, leaving it ready to be sanctioned by the president of Chile, Gabriel Boric. According to individuals in the sector, the bill is directed to stimulate innovation and competition in an unregulated market. […]

Former Bitmex Chief Expects Bitcoin to Trade Within $60K-$70K Range Until August

Buda Exchange Starts Requesting Selfie Verification for Withdrawals to New Bitcoin Addresses

Buda Exchange Starts Requesting Selfie Verification for Withdrawals to New Bitcoin AddressesBuda, a Chile-based cryptocurrency exchange, has started requesting selfie verification every time a user needs to withdraw funds to a new bitcoin address. This new measure now introduces a new layer of security for users to avoid getting their accounts hacked, but it will only be mandatory for those that don’t have 2FA activated. Buda […]

Former Bitmex Chief Expects Bitcoin to Trade Within $60K-$70K Range Until August

Bitcoin Adoption Picks up Steam in Peru After Presidential Ballot

Bitcoin Adoption Picks up Steam in Peru After Presidential BallotPeru, a country not commonly associated with bitcoin or cryptocurrencies, is experiencing a sizable surge in digital currency adoption following the first round of its presidential ballot process. The presidential candidate with the most vote support, Pedro Castillo, is known for his interventionist policies, so Peruvians might be preparing for what could be considered an […]

Former Bitmex Chief Expects Bitcoin to Trade Within $60K-$70K Range Until August