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The cryptocurrency industry is growing at terrible speed across the world and this has forced investors, the public and executives to yearn for stronger and clearer regulations. In 2017 we saw the “Bitcoin (BTC) Bubble” with soaring prices and much care, focus, and attention directed towards digital currencies.

Three major banks in Chile have been ordered to reopen current accounts of cryptocurrency exchanges, Buda.com, and Cryptomkt, and one bank has immediately yielded assent. Buda, Chilean cryptocurrency trading platform convinced a court to give a détente in its dispute with banks.

From observing the world economy situation, someone can easily understand we have reached dangerous times. Global debt has grown up to 230 trillion dollars with world GDP at 75 trillion dollars. The need to service this debt has led central banks to attempt to manipulate  the economy through  zero or even negative interest rates.

Two weeks have passed since the Brexit. World markets collapsed soon after the first results of the referendum were announced and today they continue to face the pressure.