Second Largest Israeli Bank Leumi Launching Cryptocurrency Trading

Second Largest Israeli Bank Leumi Launching Cryptocurrency TradingIsrael’s second-largest bank, Leumi, is launching a cryptocurrency trading service to allow customers of its digital investment platform to trade cryptocurrencies. “The service will allow Pepper Invest customers to buy, hold, and sell cryptocurrencies.” Major Israeli Bank Launching Crypto Trading Service Pepper Invest, the digital investment platform of Pepper by Leumi (TASE: LUMI), announced Friday […]

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Israeli Supreme Court Stops Bank From Closing Crypto Exchange’s Account

Israeli Supreme Court Prevents Bank From Closing Account of Crypto ExchangeIn February 2018, the Supreme Court of Israel issued a temporary injunction order forbidding a major bank in the country from halting the activity of a local cryptocurrency exchange. Now the bank has been forced to accept that the company’s account will remain open indefinitely. Also Read: Community Funding and Bringing Smart Contracts to BCH […]

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Israeli Supreme Court Orders Bank Leumi Not to Block Bits of Gold’s Activities

TheMerkle Israel Supreme Court Bank LeumiIsrael is a pretty intriguing country when it comes to cryptocurrencies in general. So far, we have not seen any major regulatory actions in that part of the world. That makes it all the more surprising to see the Supreme Court of Israel intervene in a recent spat between one of the country’s banks and a cryptocurrency exchange. The outcome is surprisingly positive and will hopefully set a global precedent. Israel’s Supreme Court Intervenes in Favor of Cryptocurrency Bits of Gold, an Israeli cryptocurrency exchange, has seen great success over the years. Unfortunately, its bank partner did not see things the same way and decided

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Israeli Supreme Court Forbids Bank From Denying Service to Bitcoin Exchange

Israeli Supreme Court Forbids Bank From Denying Service to Bitcoin ExchangeThe Supreme Court of Israel issued a temporary injunction order on Monday forbidding Bank Leumi from sweepingly halting the account activity of the Bits of Gold bitcoin exchange. This is seen as a major victory in the Israeli cryptocurrency industry that will set a precedent for other bitcoin businesses struggling to get banking services. Also […]

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