Israeli banks should not deny services to firms involved with cryptocurrencies, according to Israel's attorney general Avichai Mandelblit.
Bitcoin Regulations News
Bitcoin regulations differ widely from state to state. Bitcoin’s legal status, as of yet, has not been firmly established, which has led to unsustainable regulation policies in the industry. Bitcoin regulations may be strict and prohibit the use of Bitcoin all together, like in Algeria and Bolivia; its use may be restricted to certain kinds of entities, like financial institutions in China; or it might be totally legal and implemented into the taxation system, like in Israel. Most regulations concerning Bitcoin are not established directly to control Bitcoin itself, but to manage all cryptocurrencies, Bitcoin being one of them. A lot of central financial authorities do not recognize Bitcoin as a currency and regulate it, rather, as an asset, stating that they would not regulate its use, but will warn its citizens of the high risks that come with its usage.
- Singapore Appeals Court Rejects Quoine Appeal in Landmark Crypto Ruling
- Crypto-Friendly Banking App Now One of Europe's Most Valuable Fintechs
- Germany’s Second Largest Exchange Boerse Stuttgart Lists Short Bitcoin ETP
- Billionaire Investor Tim Draper Quit Stocks for Bitcoin 6 Months Ago
- Price Analysis Feb 24: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, ADA