Regulator awards second crypto license

Published date18 September 2022
Publication titleGlobes (Rishon LeZion, Israel)
Bits of Gold, which was founded in 2013, provides sale and custodial services for virtual currencies. The permanent license will make it easier for its customers to transfer money from it to the financial system and back again, in accordance with Proper Banking Procedure 411, which will come into force in November

Bits of Gold serves over 150,000 Israeli customers. It was the first company to launch cooperative ventures with companies regulated by the Bank of Israel. With credit card company Max it recently launched the MaxBack Crypto credit card...

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