Chile

Crypto’s rising popularity in Chile

• Coingeek: Chile Court orders banks to open accounts for digital currency exchange – January 2021
  A court in Chile has ordered two of the country’s largest commercial banks to offer account services to a local cryptocurrency exchange, in a decision that could set a precedent for the wider digital currency industry in the country.
  
  
• Bitcoin.com: Chilean NGO Prepares Draft to Include Crypto in New Constitution – December 2020
  A pro-Crypto Chilean NGO hosted a series of conferences on cryptocurrencies and blockchain topics for educational purposes, named Cryptonight 2020, where they announced the preparation of a proposal to submit it in the context of the drafting of a new constitution and the release of a crypto blacklist.
  
  
• Cointelegraph: Chile LocalBitcoins Volume Hits All-Time High Amid Pandemic… – April 2020
  LocalBitcoins data shows that the weekly trading volume in Chile’s fiat currency recently touched a new all-time high. Cryptocurrency market data platform CoinDance shows that LocalBitcoins volume in Chile reached a new record of over 330 million Chilean pesos in the week ending on April 4.
  
• Yahoo Finance: Chile introduces cryptocurrency regulation bill to Congress… – April 2019
  Local media outlet Ahora Noticias reported that flexibility is among the most important aspects of the bill, since the pace of technological progress is so great.
  
  
• Cointelegraph: Chile’s Central Bank considers cryptocurrency regulation… – May 2018
  The president of Chile’s Central Bank believes that cryptocurrency regulation could allow better monitory of risks in the market.