Chilean NGO Prepares Draft to Include Crypto in New Constitution — Releases ‘...
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 blacklist. Chilean NGO to Submit a Proposal for Including Crypto-Related Matters in the Drafting of a New Constitution Miguel Klagges, founder and president of ONG Bitcoin Chile, published a list of alleged crypto scams that have a background of stealing funds from investors, who are promised to get....
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SurBTC.com, Chile’s largest bitcoin exchange, recently secured a $300,000 USD investment which will allow the company to improve its customer experience and serve the remittance market in addition to other services, the company announced. The investors include Digital Currency Group (DCG), which has funded more than 60 bitcoin companies in 25 countries. The new investment, which complements $100,000 from Corfo, a Chilean government fund, will help SurBTC consolidate its market position in Chile, provide more liquidity to the Chilean bitcoin market and enhance its web platform. SurBTC will....
A Decentralized Autonomous Organization (DAO) called ConstitutionDAO pooled over $46M to put “The Constitution in the hands of The People” by buying a rare first printing of the U.S. Constitution during a Sotheby’s auction. But even though the raised a higher sum than the winning bid, they lost the auction. The project became a group of […]
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 Two Banks to Keep Checking Accounts Closed From Crypto Exchange Buda According to Diario Financiero, the TDLC decided that Banco Itaú and BancoEstado should keep open Buda’s bank accounts, which were shut down in 2018 during an investigation of a bogus company named Terra Finance that....
Chilean bitcoin exchange SurBTC has raised $300,000 in seed funding. Digital Currency Group, Sauzalito Ventures, and Fernando Barros, founder of Chilean law firm Barros & Errazuriz, took part in the round. The $300,000 adds to the $100,000 already raised through the Corporación de Fomento de la Producción de Chile (CORFO), a business innovation incubator operated by the Chilean government. The exchange told CoinDesk that it will use the funds to develop bitcoin-focused products and services aimed at those with less understanding of the technology, with a particular focus on international....
Bitnation, a blockchain-based “Governance 2.0” initiative with a collaborative platform for DIY governance, has launched its Decentralised Borderless Voluntary Nation (DBVN) Constitution using Ethereum, International Business Times reports. The Bitnation Constitution was launched at a public event in Rio de Janeiro, hosted by Bitnation founder Susanne Tarkowski Tempelhof and Alex Van de Sande, lead designer at the Ethereum Foundation. The video of the Bitnation Constitution launch event, promoted on Facebook as “Create Your Own Nation In 140 Lines Of Code,” was streamed live and is now....