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An Israeli company that was created in January has gotten its business rejected by all banks in the country, and is now suing them. Without a bank account, an Israeli exchange would not be able to legally receive fiat transfers from clients, effectively preventing it from starting operations. Also Read: Israel Tax Authority: Bitcoin is […]
The post Israeli Bitcoin Company Sues Banks for Not Letting it Open Accounts appeared first on Bitcoin News.
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Despite the warnings of the Israeli regulator that it won’t tolerate bitcoin to get somehow backdoor listed on the Tel Aviv Stock Exchange, public companies keep pivoting into the field. The latest example is a firm that focused on oil refineries until now. All of a sudden it announced plans to sell bitcoin ATMs to casinos […]
The post Oil Company Wants to Sell Bitcoin ATMs to Casinos, Stock Jumps 60% appeared first on Bitcoin News.
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An application for a class action lawsuit against Apollo Power (TASE: APLP) has been submitted to the Tel Aviv District Court. The solar energy technology company is accused of misleading investors by making a false report. The matter at hand is how its share price jumped by 150% on December 18 after Apollo announced it […]
The post Public Firm Faces Class Action Lawsuit for Falsely Claiming Link to Bitcoin appeared first on Bitcoin News.
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Bitcoin mania has taken over the business world. Companies from India to Long Island are rushing to add bit, coin, crypto or blockchain to their names. As that is the case it would not be a big surprise if some have also stretched the definition of what they do too far just to have some […]
The post Israeli Regulator Investigating Public “Bitcoin” Company for False Claims appeared first on Bitcoin News.
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It appears that public companies have found a new way to attract investors to their stocks, implying they are becoming a part of the booming bitcoin market. Also Read: Israeli PM Netanyahu Says Bitcoin Is Rising as Banks Are Destined to Disappear Crypto Stocks? A third company listed on the Tel Aviv Stock Exchange (TASE) […]
The post More Firms Entering the Bitcoin Market See Stocks Soar appeared first on Bitcoin News.
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