Two major Chilean banks have urged the country’s anti-monopoly court to revoke its decision that prevents the closure of local crypto exchanges’ banking accounts

Two Chilean banks – Banco del Estado and Itau Corpbanca –  have filed an appeal to the nation’s anti-monopoly court to reverse its decision that prevents the closing of the bank accounts of local cryptocurrency exchanges.

A recent Supreme Court ruling found that banks could refuse to provide services to cryptocurrency exchanges, but a previous anti-monopoly court ruling still grants exchanges the protection of its decision. The banks have demanded that the court comply with the Supreme Court and revoke its previous ruling.

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