exchangelocal

🚨 Buda opens a current account at BCI: Is the end of crypto distrust in Chile?

Today, BTC is trading at $77,102, down 1.5%, while ETH remains at $2,435 and the Fear & Greed index reads 69, signaling greed. Amid this volatility, Buda breaks a taboo and secures its first current account at the bank BCI—a move that could legitimize the local exchange and pave the way for fast withdrawals and peso deposits. While OrionX collapses, this action shows that traditional banking no longer ignores crypto. My bet: it’s the turning point we needed, but the test is in real adoption. Do you think other exchanges will follow suit, or will the CMF put the brakes on?

#Buda #BCI #RegulacionChile #ExchangeLocal #FinTechChile

🚨 Orionx loses US$7M and shuts down: the CMF doesn’t warn—what about you?

The market starts with $BTC a US$79,329 (-0.7%) and the Fear & Greed index at 71/100, but the real storm is in Chile: Orionx admitted it lost US$7 million and announced its closure while the CMF only clarified that it had no permits. This isn’t a simple accident—it’s proof of oversight that’s still in its infancy and leaves users vulnerable. If the authority doesn’t act quickly, local exchanges keep playing roulette with your money. Will you keep trusting Chilean platforms, or will you move to international exchanges?

#Orionx #CMF #CriptoChile #RegulaciónFinanciera #ExchangeLocal