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

Bitcoin.com | Oct 30, 2022 at 9:30 PM
  • After 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.
  • This agreement also allows other exchanges to seek banking services with the institution, having to fulfill the requirements stipulated in the established procedure.