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Why are Israeli Banks Refusing to Take Fiat Deposits from Cryptocurrency Traders?

On August 6th we reported the difficulty experienced by Israeli cryptocurrency traders to pay taxes given the concerns raised by the banking industry. With over $85 million USD in tax arrears to be paid to the government, cryptocurrency traders are blaming the banks for purposefully creating a barrier due to the competition from the emerging […] дальше »

2019-8-9 19:46


Commerzbank Creates Blockchain Payment Program For Machine-Based Self-Driving Trucks

The German bank Commerzbank has recently developed a new blockchain-based technology that will be used in order to make automated payments between self-driving trucks. The system, which aims to take humans completely out of the equation, will be used to allow automated trucks to pay for their charging power without needing any human interaction. According […] дальше »

2019-8-9 01:04


University College London Research: Almost Half of All Blockchain Supply Chains Are in Groceries

Something very curious about the blockchain technology is that when it was first created, nobody could guess how useful it would be for the groceries market. That’s right. Everybody was focused on the financial side, but most people didn’t pay enough attention to how useful the blockchain can be to track food. Today, almost half […] дальше »

2019-8-8 22:00


Israeli Bitcoin Investors Are Not Able To Pay Their Taxes Due to Banks Not Accepting Crypto Deposits

The lack of regulation around the crypto world creates some very curious loopholes. One of them can be seen right now in Israel as investors are currently unable to pay their own taxes because the banks are not accepting deposits with money that was somehow obtained using cryptos. Local investors are willing to pay their […] дальше »

2019-8-6 21:40