The Israeli Bitcoin Association filed a petition with the court asking the bank to announce its management policy for cryptocurrency accounts

According to Globes, the Israeli Bitcoin Association recently filed a petition for information freedom with the Jerusalem District Court, demanding that Israeli banks disclose their management policies on digital currency to the Bitcoin Association. The number of holders of Israeli digital currency has been growing rapidly in recent years. However, local banks refused to allow them to open accounts and deposit funds from the sale of bitcoins or other cryptocurrencies into their accounts. The chairman of the Bitcoin Association, Meni Rosenfeld, said in an interview that the Bank of Israel rejected the request of the Bitcoin Association to require banks to publish digital monetary policy, saying it constituted "trade secrets."