Chilean Regulator: Central Bank Cryptocurrencies May Be ‘Many Years Away’
The head of Chile's central bank has said he believes a central bank-issued digital currency may be "many years" from coming to fruition.
A Chilean court has ordered banks to reopen the accounts of crypto exchanges after the institutions announced their plans to close them in March.
The new energy minister has announced a project to commit a number of data sets to the public ledger, where they will be much harder to hack.
A new Hyperledger blockchain initiative is looking to stabilize the Chilean stock market.
Chile's public bank will terminate the accounts of three cryptocurrency exchange clients within 10 days, according to a local news report.
The Superintendency of Banks and Financial Institutions of Chile, one of its two banking regulators, is partnering with R3 as a regulatory member.