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.
News
Earlier this week, the Israeli crypto exchange became the first crypto firm in the country to receive a license enabling it to work with local banks.
Israeli crypto exchange receives capital markets license in country first
Luke Huigsloot
2022-09-23T06:16:23+01:00
2078
News
It’s believed that Israel will neither be the first nor last country to impose such measures.
Israel puts the brakes on cash to spur digital payments
Stephen Katte
2022-08-01T06:42:37+01:00
4192
Opinion
This year’s annual Israel Crypto Conference was focused on regulation and CBDCs: The regulated status of cryptocurrencies would open many doors of possibilities...
Israel’s regulator teases comprehensive crypto framework at ICC
Ariel Shapira
2022-07-03T09:53:54+01:00
4560
News
Kirobo’s new inheritance solution allows users to generate and execute an automated last will without the need for lawyers, government authorities or any other ...
DeFi crypto wallet aims to decentralize inheritance of crypto and NFTs
Helen Partz
2022-06-01T09:00:00+01:00
2698
News
Two Israel-based credit card companies, Max and Isracard, have started working on Bitcoin investment and cashback solutions via a credit card.
Two credit card firms in Israel to let cardholders buy Bitcoin
Helen Partz
2022-05-18T14:25:00+01:00
2758
Newsletter
Janet Yellen calls on lawmakers to develop a consistent federal framework for stablecoins, Hester Peirce urges to allow room for failure, and more.
Law Decoded: Is depegging a real threat to financial stability?
David Attlee
2022-05-17T09:43:54+01:00
1780
News
Stakeholders believe that the digital shekel would boost competition, but remain divided on the matter of privacy.
Bank of Israel claims 'public support' for its CBDC project
David Attlee
2022-05-11T16:39:58+01:00
2245
News
Pepper Invest users can now buy, sell and hold Bitcoin and Ethereum, subject to regulatory approval.
Top Israeli bank to accept BTC and ETH trading through Paxos' collaboration
Arnold Kirimi
2022-03-25T12:18:24+00:00
3825

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