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Chilean Authorities Probe World’s Domiciliary Eye Scanning Activities Pilot
9.11.2024
Chilean authorities from the consumer protection watchdog SERNAC are investigating the company that will provide domiciliary iris scanning services to World, formerly Worldcoin. The measure comes after the institution asked the courts to suspend the project activities last month. World Faces...
Blackrock’s Bitcoin ETF Starts Trading in Chilean Stock Exchange
1.7.2024
Last week, the Ishares Bitcoin Trust (IBIT) arrived at the Santiago Stock Exchange, the main financial market of Chile. The leading spot bitcoin exchange-traded fund (ETF) instrument, which was approved this year by the U.S. Securities and Exchange Commission (SEC) will now allow Chilean investors...
Latam Insights: Bitcoin Farm Found at Venezuelan Jail, Bill Protecting Crypto From Seizure Advances in Brazil
25.9.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: a Bitcoin mining farm is discovered during a raid on a Venezuelan jail, a bill that protects crypto from seizure advances in Brazil, and the Chilean police...
Circle Partners With Mercado Pago to Offer USDC to Chilean Customers
1.9.2023
Circle, a financial services company, has announced a new partnership with Mercado Pago, Mercado Libre’s digital payments wallet, to bring the USDC stablecoin to its Chilean customers. The partnership will allow millions of users in Chile to access USDC via Mercado Pago’s services...
Bitfinex Invests in Chilean Crypto Exchange OrionX to Expand Presence in Latin America
24.5.2023
Orionx plans to expand into Mexico, Peru and Colombia by 2024
Fintech Bill Approved and Ready to Be Sanctioned in Chile
18.10.2022
A 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...
Chile puts CBDC plans on hold until end of 2022 to undertake more analysis
12.5.2022
Chile’s planned start to its digital peso rollout in early 2022 has been held back while its central bank conducts more analysis to inform a new report by the end of the year
Chilean Digital Peso Would Need to Work Offline, Central Bank Governor Says
10.5.2022
Design principles are due out later this week, though no final decision has been taken on the digital peso
Chilean Opposition Leader Owns Ethereum – But Is a Crypto-skeptic
16.8.2021
A Chilean opposition party leader has called for crypto to be officially recognized as an asset class and claimed he has ethereum (ETH) holdings – although he also calls himself a crypto “skeptic.”
Per a report from DF Mas, Giorgio Jackson, the founder of the Democratic Revolution political party...
Chilean Peso stablecoin goes live on Stellar Network
12.8.2021
Chilean Peso-pegged stablecoin CLPX launched on Stellar this week, and is hoping to gain traction in the remittance and copper markets
Chilean Court Orders Two Major Banks to Keep Open Checking Accounts of Crypto Exchange Buda
5.1.2021
Chile’s Free Competition Defense Court (TDLC) ruled in favor of the Latin American cryptocurrency exchange Bud after their checking accounts were closed by two major banks in the midst of a lawsuit related to a Ponzi scheme unrelated to the exchange. Chilean Court Rejected Petitions From...
Chilean NGO Prepares Draft to Include Crypto in New Constitution — Releases ‘Scam Blacklist’
8.12.2020
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...
Nine Chilean cargo shipping companies approved to develop joint blockchain platform
21.10.2020
It could become the first of its kind blockchain maritime cargo platform in the region
Major Chilean bank shuts down all branches following ransomware attack
8.9.2020
There is a nationwide alert for future ransomware campaigns against Chilean companies
Chilean Cryptocurrency Exchange Denies Fraud Allegations, Tribunal Set Rule on Complaint
4.9.2020
Chilean cryptocurrency exchange, Badu.com has denied allegations that it fraudulently transferred client funds without authorization. The fraud allegations are being reported by Itau bank and both parties are set to appear before the country’s Tribunal for the Defense of Free Competition...
Estonia Grants License to Chilean Crypto Exchange
5.3.2020
CryptoMarket has joined the ranks of Latin American crypto companies regulated in the EU
Chilean Multiexport Foods Developing Blockchain Solution for Traceability of Salmon
12.11.2019
Chilean Multiexport Foods is developing a blockchain-based solution that will enable customers to trace the origin of its salmon sold at various outlets, just by scanning a QR code. The firm started by salmon farmer and processor in 2017 to find ways of integrating technologies like Blockchain...
Chilean Mining Giant Codelco’s Copper To Be Hit As Mines Go Underground
24.5.2019
As far as the largest mining companies are concerned, they have the capability of taking big hits over the short term. However, it takes a whole new dimension when a company’s largest mine is out of business due to a restructuring process. That is exactly what has happened with Codelco, the Chilean...