Bits of Gold is a leading cryptocurrency exchange in Israel. Although cryptocurrency adoption in Israel continues to lag behind the rest of the world, Bits of Gold believes that an API that allows customers to pay in cryptocurrency and merchants to receive the value in dollars or Shekels will help.
Of all the markets being impacted by the booming API economy, perhaps none has seen as much activity and innovation as the payments space. The past several years have seen the launch of a number of disruptive and successful API-centric upstarts, including Stripe and Balanced. Meanwhile, entrenched players like PayPal and Verifone have responded with new offerings of their own.