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Chilean Bitcoin Exchanges Have Their Bank Accounts Closed for No Reason

The cryptocurrency world is always changing and evolving. Not all of these developments will make a positive impact, though. In Chile, banks are closing the accounts of cryptocurrency exchanges and traders alike. This is not a unique development, but it goes to show South America’s wealthiest nation has no love lost for Bitcoin.

Chilean Banks Make Their Move

In this day and age, it is anything but surprising to learn that banks in certain countries make life more difficult for cryptocurrency companies and enthusiasts. Such developments have become rather apparent in a lot of countries over the years, even though nations such as Japan and South Korea take the opposite approach. Which option will work out best remains to be determined at this point.

In Chile, it seems the country’s banks are making their mark on the cryptocurrency industry in a negative wa y. With several trading platforms having their bank accounts closed for no apparent reason, the situation has grown dire. This issue currently affects Buda, Orionx, and CryptoMarket, although other companies may be suffering from similar issues as well.

What makes this development so worrisome is that none of these companies use the same primary bank. Instead, a joint decision has been made by several financial institutions to shut down the bank accounts of cryptocurrency trading firms. With no explanation for this harsh course of action, it is only normal that there will be a lot of backlash over this particular decision.

Struggles like these are not uncommon in the world of Bitcoin and other cryptocurrencies. It is the first time such a development has taken place within Chile, though, as the country has been relatively quiet on the cryptocurrency front so far. At the same time, it seems this “blanket ban” on cryptocurrency will not relent anytime so on, although not every financial institution in the country is taking this aggressive stance as of right now.

One possible reason for this development is that local entrepreneurs have begun creating their own cryptocurrencies in recent months. Both Chaucha and Luka are two such currencies, although it remains to be seen how popular those tokens really are. Even so, the affected exchanges only process a small amount of trading volume on a daily basis, which should not warrant such a ban against this industry at this stage.

For the time being, we will have to wait and see how things play out. The lack of active cryptocurrency regulation in Chile will need to be addressed in the near future. If this news is any indication, that regulation may not favor cryptocurrencies. With a Chilean court currently reviewing this decision, it remains to be determined whether any positive changes will be noted in the weeks and months to come.

Source: Google News Chile | Netizen 24 Chile

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Pope Francis' apology for abuse in Chile would once have been unthinkable

In a letter on April 11 to the bishops of Chile, Pope Francis asked forgiveness for his “serious errors of assessment and perception.” His apologies were directed to the victims of Fr. Fernando Karadima, whose abuse of at least three men when they were children was witnessed and covered up by Chilean Bishop Juan Barros. Until recently, Pope Francis had maintained that Bishop Barros was actually the victim of “slander.” In 2011, the then 80-year-old Fr. Karadina was found guilty by a Vatican tribunal, and sentenced to a life of “prayer and penance.”

In times past, a personal apology from the pope would have been close to unthinkable.

Popes can make mistakes

Catholics believe the pope is the successor to the Apostle Peter, one of the first followers of Jesus. But Peter was a flawed human being: When confronted by a crowd, he denied his associatio n with Jesus three times. Afterwards, according to the Gospel of Matthew, Peter “wept bitterly.”

For Catholics, Peter’s experience shows that even those specially chosen by God have deep-seated weaknesses for which they must show sorrow.

Popes are not always right in what they do, but their errors have been admitted only years â€" sometimes centuries â€" later. In 1992, for example, John Paul II apologized for the Catholic Church’s condemnation of Galileo that happened over 350 years earlier.

Once rare, papal apologies increased under the reign of John Paul II. While those apologies admitted that the Church made mistakes, they did not ask for forgiveness for past popes.

Church history on apology

In the middle ages, popes were not inclined to apologize at all, or even accept apologies. Most famously, in 1077 A.D., Pope Gregory VII initially rejected King Henry IV’s apology concerning a dispute over who had the power to appoint lo cal bishops. The pope forced Henry, then the king of the Holy Roman Empire, to wait in a blizzard for three days before accepting him back into the Catholic Church.

This dismissive attitude gave way to soul-searching during the Second Vatican Council, a seminal meeting that modernized the Church, held in Rome from 1962-65. One of the most important issues Catholicism had to confront was its historical persecution of Jews. Thousands of Jews were killed as Crusaders made their way to Jerusalem. Jews were expelled from Catholic Spain in 1492. And most horrible was the Holocaust, or “Shoah,” the organized slaughter of over 6 million Jews, which occurred in Christian-majority nations during the Second World War.

In one of the council’s most important documents, Nostra Aetate, the Catholic Church rejected the idea that Jews were responsible for the crucifixion of Jesus Christ. Nostra Aetate also established a foundation for a more cooperative and respectful relations hip between Christians and Jews.

In 1966, the Church moved to apologize for centuries of distrust between Catholics and Protestants, when Pope Paul VI gave his ring to Michael Ramsey, the head of the Anglican church â€" the 100th archbishop of Canterbury â€" as an offering of reconciliation.

Pope John Paul II. AP Photo/Alik Keplicz-file

Pope John Paul II gave many apologies, but usually on behalf of the Church for what was done centuries ago. Most notable was the “Day for Pardon” in March 2000, that asked forgiveness for a series of sins, including those “against the dignity of women and the unity of the human race” and “actions against love, peace, the rights of peoples, and respect for cultures and religions.”

But many remember how Pope John Paul II remained largely silent on the issue of clerical abuse because it “did not fit with his image of the Church,” according to Australian bishop Geoffrey Robinson. In a 2002 address to American cardinals, John Paul II did say he was “greatly grieved” that priests “had caused such suffering and scandal to the young,” but he stopped short of offering a personal plea for forgiveness.

Following John Paul’s example, Pope Benedict XVI stated in a 2010 letter that he was “sorry” that Catholics of Ireland had “suffered grievously” because of the “abuse of children and vulnerable young people.” But he did not apologize for lack of Vatican oversight over Irish bishops and priests.

Perhaps the closest parallel to Pope Francis’ apology was Pope Benedict’s expression of regret over “reactions” to his address in 2006 at the University of Regensburg, Germany, where he seemed to criticize Islam.

What is Pope Fra ncis doing?

Fully accepting that the pope is a fallible human being can be somewhat of an emotional struggle for Catholics. While the pope â€" also called “The Vicar of Christ” â€" is considered to be infallible when he formally makes a statement about Catholic doctrine concerning “faith and morals,” the pope certainly makes mistakes in his priestly service and personal life.

Francis, however, is not shy about admitting his own fallibility as a pope and as a person. In fact, he said in a 2013 interview:

“I am a sinner. This the most accurate definition. It is not a figure of speech, a literary genre. I am a sinner.”

With that statement, Pope Francis was saying that he â€" a leader of 1 billion people â€" needs forgiveness and mercy too. And mercy and forgiveness have been the central themes of his pontificate.

Of the many responsibilities of a pope, chief among them is being a teacher. And when Fran cis apologized to the people of Chile and to victims of sexual abuse, he also was teaching the rest of us how to admit our sins as a first step in making things right.

Source: Google News Chile | Netizen 24 Chile

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UNHCR lauds Chile as it accedes to both UN Conventions on Statelessness

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UNHCR lauds Chile as it accedes to both UN Conventions on Statelessness

This is a summary of what was said by UNHCR spokesperson William Spindler â€" to whom quoted text may be attributed â€" at today's press briefing at the Palais des Nations in Geneva.

17 April 2018 | Français

Chile has become the latest State to accede to the international conventions on statelessness. Last week, Chile formally deposited at the United Nations Treaty Office in New York the instruments of accession to the 1954 Convention relating to the Status of Stateless Persons and the 1961 Convention on the Reduction of Statelessness.

UNHCR, the UN Refugee Agency, welcomes the country’s commitment to protect and promote the fundamental right to nationality. Without a nation ality people can be denied the ability to enroll in school, access medical services, seek legal employment or even get married.

Statelessness affects millions of people around the world and UNHCR is promoting its eradication. Chile’s accession to the two conventions represents an important step towards that goal.

Chile’s determination in fighting statelessness is also demonstrated by a project known as Chile Reconoce - currently being implemented in the country.

An estimated 2,000 children are still at risk of statelessness in Chile. Because of an administrative interpretation of the Constitutional norm, when they were born these children were denied the right to access Chilean nationality, as their parents were considered in an irregular migratory situation. In 2014, the authorities modified the interpretation to meet international human rights standards.

Two years later, in 2016, the project Chile Reconoce was launched, in orde r to identify and assist all those affected by the pre-2014 legal interpretation. To date, 258 children have had their Chilean nationality confirmed through this collaborative initiative of the State, UNHCR, UNICEF and civil society.

Chile is the 90th State to accede to the 1954 Convention and the 71st to accede to the 1961 Convention. The 1954 Convention seeks to ensure that stateless people enjoy a minimum set of rights until they can acquire a nationality. The 1961 Convention sets out the ways to prevent individuals from becoming stateless and reduce the prevalence of statelessness over time.

For more information on this topic, please contact:

  • In Chile, Stephanie Nicole Rabi Misle, rabimisl@unhcr.org, +56 22 654 1063
  • In Mexico, Francesca Fontanini, fontanin@unhcr.org, +52 1 (55) 9197 2690
  • In New York, Kathryn Mahoney, mahoney@unhcr.org, +1 347 443 7646
  • In Geneva, Aikaterini Kitidi, kitidi@unhcr.org, +41 79 580 8334

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Source: Google News Chile | Netizen 24 Chile