Buda, Chilean cryptocurrency trading platform, has persuaded Chile’s anti-monopoly court to order the re-opening of its bank accounts.
The court has ordered Banco del Estado de Chile and Itau Corpbanca to re-open Buda’s accounts while the exchange’s lawsuit continues against 10 banks, including these two.
Earlier this month, Chilean lenders said they would shutter the accounts of crypto exchanges Buda, Orionx and CryptoMarket.
Itau Corpbanca CEO Milton Maluhy said further regulation of cryptocurrencies was needed.
By Jade Olafson