News
Blockchain is changing how banks handle debt.
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Israel News
Israel is a Middle Eastern country that declared independence in 1948. Israel is a representative democracy with developed political institutions and socio-economic structures. Israel is often considered to be the most advanced country in Middle East in industrial, technological and economic development. The leading exports of Israel are software, machinery, chemicals, textiles and agriculture. Israel is a platform for various blockchain startups. As technology adoption in Israel is fast, a lot of the population is actively using cryptocurrencies to trade, invest in ICOs and purchase goods and services. Considering these aforementioned factors, Israel’s tax authority has issued statements on cryptocurrency regulations. Cryptocurrency is not considered to be under the legal definition of currency and is taxed like a taxable asset. Miners and traders of cryptocurrencies are treated as businesses and are a part of those taxing regulations.
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The pandemic-induced crisis is galvanizing new trends across all aspects of the global economy, including digital currencies.
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At least 20 crypto executives and customers of an Israeli telecommunications company were targeted in a sophisticated SS7 attack last month.
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“The regulatory reality in Israel is not adapted to the existing reality in the field,” the proposed bill states.
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Israel will have its first central securities lending platform this November, built on blockchain technology.
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A two-year-old Israeli blockchain startup says it has found a way to cancel crypto transactions if they are sent to the wrong wallet address.
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Even Vladimir Putin was not able to save this Dark Web mastermind who ran an elite invite-only cybercrime club.
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Israel-based Sapiens reportedly paid in Bitcoins for a ransom requested during an attack that reportedly happened between March and April.
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U.S. and Israel-based firms were charged for promoting fake investment schemes and defrauding customers of $15 million.
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Israeli blockchain startup Orbs has come up with an idea to encourage people to self-quarantine by using a newly launched app.
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Cryptocurrency exchange ShapeShift has acquired Israeli non-custodial wallet provider Portis.
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As the world continues to fight with the rapid spread of coronavirus, data privacy comes into question.
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Israeli banks should not deny services to firms involved with cryptocurrencies, according to Israel's attorney general Avichai Mandelblit.
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Israeli blockchain startup Clear has raised $13 million in a Series A round led by Fidelity-backed Eight Roads.
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An international task force of French, Belgian and Israeli investigators brought down a fraud scheme responsible for stealing €6 million from French and Belgian citizens.
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