The pro-crypto Chilean NGO organized a series of educational conferences on cryptocurrency and blockchain called Cryptonight 2020. Encryption blacklist.

Chilean NGO submitted a proposal to include crypto-related matters in the drafting of the new constitution

Miguel Klagges, the founder and president of ONG Bitcoin Chile, has published a list of alleged crypto scams that have a background of stealing funds from investors who are expected to obtain high returns through false multi-level marketing plans. In exchange for investment.

As of press time, 29 websites on the list have been blacklisted on the ONG Bitcoin Chile website. According to Klagges, they will continue to update them based on reports on crypto scams by global regulators and news media.

However, these so-called fraudulent websites not only provide false investment funds, but also provide transaction signals or referral programs. At first, they pretended to be an academy to attract people, and later turned into a Ponzi scheme.

Constitutional protection of Chile’s encryption industry?

The NGO’s second announcement is related to the new constitutional drafting process, which was approved in a referendum in October.

Accompanied by Patricio Bravo, a Chilean lawyer who specializes in constitutions, Klagges said they are working hard to design legal advice to be submitted to constitutionalists. They are expected to be elected in 2021 to draft the new Magna Charter. Such a draft aims to “promote and protect” the country’s encryption and blockchain industries.

The plan will involve the participation of local cryptocurrency representatives, who will seek to provide sufficient constitutional guarantees for the development of the national cryptocurrency field in the draft.

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Jaime Bunzli, director of Buda.com, commented on how today’s society views Bitcoin (BTC) in a panel discussion:

People are increasingly losing their fear of the essence of Bitcoin and the origin of the blockchain. I already know that this is already here. Now, all you have to do is start to understand it. One of the current arguments in favor of Bitcoin is that it can open the door to other areas using other tools and blockchain technology.

What are your thoughts on the Chilean cryptocurrency industry that might be considered for the upcoming new Carta Magna? Let us know in the comments section below.

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