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Chile Appeals Court Rules in Favor of Crypto Exchange Against Bank.
In an ongoing dispute between banks and cryptocurrency exchanges in Chile, an appeals court has finally ruled in favor of one crypto exchange against one of the largest banks in the country. Five major banks have also separately responded to lawsuits against them in court.
Court of Appeals Ruling.
The Fourth Chamber of the Court of Appeals of Santiago has ruled in favor of cryptocurrency exchange Orionx against Banco Estado for closing its account, local media reported. The ruling, which orders the only government-owned bank in Chile to reopen the exchange’s account, was published on Thursday.
Banks Responding to Lawsuits.
A few lawsuits have been filed against the country’s major banks with the Court for the Defense of Free Competition (TDLC – Tribunal de Defensa de la Libre Competencia).
More details reffer: https://news.bitcoin.com/chile-appeals-court-crypto-exchange-bank/
Also reffer: https://news.bitcoin.com/yahoo-japan-confirms-entrance-into-crypto-space/
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