Chilean Crypto Exchanges Go To Court To Fight The Banks ‘Killing An Entire Industry’
Cointelegraph
Published Apr 15, 2018 02:59PM ET
Updated Apr 15, 2018 04:32PM ET
Chilean Crypto Exchanges Go To Court To Fight The Banks ‘Killing An Entire Industry’
Chilean cryptocurrency exchanges BUDA, Orionx, and CryptoMarket (CryptoMKT) have recently applied to an appeals court to confront the banks that shut down their platforms’ accounts, Bloomberg reported Friday, April 13. The court has agreed to hear the case, but the bank accounts are still closed.
According to local news outlet Emol, the banks Itau Corpbanca and Scotiabank announced the closure of the bank accounts of BUDA and CryptoMKT on March 19. A week later, the state-owned Banco del Estado de Chile followed the move by confirming the closure of the accounts of all three crypto exchanges.
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