It's nice to finally have a good bitcoin exchange in Chile, especially one that has been given the government's blessing (funding by CORFO). Last week, we asked the owner of surBTC for an update on Chile's embrace of bitcoin, which has been a slow, uphill battle so far. This was his reply:
"This week was the last version of Chile-Digital, the largest conference about e-commerce, technology, digital marketing & mobile. Impressively, Bitcoin was the absolute star. It was a two day conference, launched by former Chilean President Ricardo Lagos, and the second to present was Jon Matonis, founder of the Bitcoin Foundation. A little after presented Juan Llanos, AML & KYC expert, specialized in Bitcoin. Besides them, there were two more Bitcoin keynotes, and all of them in between keynotes from traditional bankers. This is particularly important, for it is the banking industry that's Bitcoin's highest risk. Besides that, SurBTC, became the first Chilean Bitcoin company to be accepted under Chilean FinCEN's supervision, which proves that Bitcoin can have a space in the institutional side, which is a good thing for companies dealing with other people's money."
In short, bitcoin has a good foothold in the country now and we're looking forward to working with them more in the future. If Chile continues on this course, it will be even more well-insulated against international financial turmoil.