The Association of Banks in Israel with an unusual request to the Supervisor of Banks – “The continuation of the current conduct exposes us to lawsuits on several fronts, and we demand formulation of instructions regarding cryptocurrencies activities.”
TFG spoke with Dror Shapira, CEO of INVioU.
The Association of Banks in Israel demands the regulation of crypto activity
More about INVioU
INVioU is a blockchain protocol that enables small businesses to log and verify their financial documents. This gives them a trusted and fraud-free credit reputation. Based on that reputation and an intelligent credit scoring, we can facilitate short-term lending for them, starting with invoice financing. They are leveraging blockchain to bring simplicity and speed to short-term funding for small businesses, which they need.