Bitcoin was dealt a major beating by the district judiciary when they ruled against Bits of Gold, a cryptocurrency broker in Tel Aviv. The company had sought a court order after it was denied servicing by Bank Leumi, a local bank in the area.
Read more: https://cointelegraph.com/news/bitcoin-takes-beating-in-israel
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Bank Leumi have better and less complicated ways to get the money from the people.
Bitcoin transactions CAN be identified personally, it is not Monero or Dash, the bank is ABLE to determine who is receiving the transaction but it is a bit complicated - there for they prefer not to deal with this.
One day , not to far from now, when the cryptocurrencies will go mainstream and everybody will start using cryptocurrencies -> Banks will become like Traveling agencies or like Insurance agencies => OBSOLETE
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Boy, I would never have thought Israel would be interested in a new financial technology like Bitcoin
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Israel is not camels walking in the desert you know... right?
lol
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It isn't? LOL
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Are you joking?
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