Banks in Chile have been accused of not providing services to exchange companies
Israel Court of Appeal has stopped a bank from closing an exchange account
This seems as a major victory for Israeli cryptocurrency industry as Israeli supreme court forbids Bank Leumi from denying service to the Bits of Gold bitcoin exchange.
According to an official report released by the Israel Tax Authority (ITA), Israel confirmed cryptocurrencies are assets and not currency. Hence Israel would now tax cryptocurrencies like any other property.
Central Bank of Israel is looking to implement a nationwide real-time payment system to do Instant Payments.
The chairman of Israel’s capital markets authority plans to propose a regulation to ban bitcoin firms from trading on the Tel Aviv Stock Exchange.
Israeli Prime Minister, Benjamin Netanyahu, has openly commented on a YouTube video whether Bitcoin would overthrow the traditional bank in future.