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Bitcoin Forum > Bitcoin > Bitcoin Discussion > Press > 2013-07-24; Coindesk; Israelis can buy bitcoin in person with local exchange
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WiW (OP)
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July 24, 2013, 05:07:40 PM
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Israelis can now purchase bitcoins at their local exchange bureau thanks to a new collaboration between bitcoin exchange Bits of Gold and Global Money Transfer (GMT).

The partnership with GMT means Bits of Gold can ensure it complies with current and future anti-money-laundering and know-your-customer regulations in Israel. At the moment, the maximum amount of cash people can change into bitcoins via Bits of Gold is 10,000 Israeli new shekel (around $2,800).
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July 24, 2013, 05:09:52 PM
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Tel Aviv,Israel - Through a collaboration with Global Money Transfer (G.M.T), Israelis can now go to their closest exchange bureau and purchase the online currency using Israeli Shekel. Later this year, the company will enable Bitcoin to cash conversions.

Bits of Gold (www.bitsofgold.co.il), started in 2013, uses G.M.T.'s extensive regulation expertise, offering strict compliance with current and future anti-money-laundering (AML) and know-your-customer (KYC) regulations. Bitcoin cash transactions are limited to 10,000 ILS (about 2,000 EUR).
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