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Israeli crypto exchange receives capital markets license in country first

Coin Telegraph LogoCoin Telegraph1w ago

Israeli crypto exchange receives capital markets license in country first - Coin Telegraph

Quick Summary:

Earlier this week, the Israeli crypto exchange became the first crypto firm in the country to receive a license enabling it to work with local banks.

The enforcement of new AML regulations by the government in Israel further opened the path to co-operation between banks and the crypto industry.

The Supreme Court’s position had changed by 2019 however, when it ruled that Leumi could not block Bits of Gold’s account based on regulatory concerns, and in doing so set a precedent for other cryptocurrency firms.


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Article Details

Author / Journalist: Cointelegraph By Luke Huigsloot

Category: Crypto

Topics: Leumi Coincub Bits of Gold AML Supreme Court

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-09-23, 06:16:23

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Reading Time: 3 minutes read

Article Length: 451 words

Coverage Area: United States

Availability: Desktop Web, Mobile Web

News ID: 485900

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About Coin Telegraph

Coin Telegraph Logo

Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 26 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 7h ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

News Language: English

RSS Feed: Available (XML)

Website Security: Secure (HTTPS)

Publisher ID: #11

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