Israeli Court Affirms Bank Should Not Have Shut Down Crypto Mining Farm’s Account For Money Laundering

2019-3-19 23:13

Israeli Court Affirms That Bank Should Not Have Shut Down Mining Farm’s Account An Israeli court has recently ruled in favor of a Bitcoin mining farm which had its banking account closed down by a local banking institution over concerns of money laundering.

As reported by the local business media outlet Calcalist, Israminers sued Bank […].

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account israeli mining bank court farm down

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Banks May Refuse Deposits from Crypto Firms, Says Israeli Court

An Israeli court has ruled that Union Bank of Israel cannot close the bank account of a crypto mining firm but can refuse certain deposits, as reported on March 17, 2019. Illegal Closure Despite consistent collaborations with various banks around the world, the blockchain industry has continuously faced the challenge of not being able toRead MoreRead More.

2019-3-19 22:00


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