Such a decision is explained by the directive of the country's financial regulator to combat illegal gambling. This is reported by the Finance Magnates.
In particular, users reported that they received warnings about the impossibility of transferring payments to Bitcoin Service Coinmama using the bank's issued Leumi payment card. In the telephone mode, the bank's employees reported that the service was classified as a gambling site.
It should be noted that this information was confirmed in the bank's official letter to its clients.
As part of the framework of ongoing security activity and in light of the explicit instructions of the Bank of Israel (in accordance with the law prohibiting gambling in the State of Israel), Leumi Card monitors and blocks websites that execute gambling transactions. Leumi Card holders are not permitted to make transactions through them.
Meanwhile, the chairman of the Agency for Securities of Israel Shmuel Houser recently compared the fascination with crypto-currency with the gold rush of the XIX century. In doing so, he distinguished between bitcoin, blockchain technology and ICO.
Recall, in late November, the Ministry of Finance of Israel announced the formation of a working group on the study of digital currencies, which will include the heads of major audit firms and professional agencies