Why Is Chile Against Cryptocurrency

Last Updated on March 29, 2024 by Paganoto

How Chile Taxes Cryptocurrencies – Lukka

Chile's financial regulator, the Financial Markets Commission, has ruled that cryptocurrencies are not financial securities and consequently are not subject to the rules regulating this type of asset. They also do not qualify as legal tender or foreign currency, according to the Central Bank.

Chile and Cryptocurrency – Freeman Law

The Chilean Supreme Court’s ruling, however, also characterized cryptocurrency as an “intangible asset”–citing a lack of a “physical manifestation” and …

Chileans Take Refuge in Stablecoins Amid Economic Turmoil

Latin America’s steadiest economy in the last three decades is suffering a slump. Locals are turning to crypto for protection.

Chile cenbank to decide on roll-out of digital currency in 2022

Cryptocurrencies fell sharply on Friday, with sudden selling dragging bitcoin to a three-week low, with analysts divided over the reason behind …

Chile's Bitcoin Bill and the 'Digital Peso': What You Need to …

Lawmakers in Chile are currently working towards recognizing Bitcoin as a legal means of payment, while others are pushing for the development …

Chile puts CBDC plans on hold until end of 2022 to undertake …

Chile doesn’t prohibit the use and trade of cryptocurrencies, but it joins other South American countries in its concern over crypto. In early …

Chile News – Cointelegraph

The Central Bank of Chile issues a detailed report on cryptocurrencies, stating they have no potential to substitute traditional money.

36% of Chileans believe that cryptocurrencies should be …

Interest in cryptocurrencies in the main markets of Chile, Argentina, Brazil, Colombia, Mexico is increasing due to international uncertainty. …

Cryptocurrency Ownership Data for Chile 2021 | TripleA

The president of Chile’s Central Bank believes that cryptocurrency regulation could allow better monitory of risks in the market.

Central Bank of Chile Studies Issuance of a Digital Currency

The bank issued a report titled “Issuance of a Central Bank Digital Currency in Chile,” where it explores the possibility of the creation of a …

Paganoto

Pagaonoto is an SEO editor and cryptocurrency researcher for various publications.