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The requirement is that institutional investors have to keep their client assets with a regulated custodian. Those that are considered to be regulated custodians consist of the banks, accredited broker-dealers and savings associations.
Recently, an Israeli central district gave a ruling that further consolidated the position of the nation’s tax authority, triggering the attention of those who want to buy bitcoin.
Bitfi believes the strategies of BCH can be quite problematic for the amateurs whose goal is to Buy Bitcoin in the industry. For this reason, it is not offering any support to the brand.
In addition to the reasons that have been pointed out above, the organization also stated that the unnecessary controversy that Bitcoin Cash and Bitcoin have attracted also triggered the withdrawal.