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As Cryptocurrency Gains Popularity In Israel, Discussions Continue About a ‘Crypto-Shekel’

August 27, 2018 By Mark Lyford Leave a Comment

Top leadership in Israel has long considered launching a state-backed virtual currency. Discussions have only grown as the nation’s cryptocurrency sector continues to blossom.

The Bank of Israel, as well as the nation’s Finance Ministry, has been mulling over the idea of a state-sponsored cryptocurrency since Bitcoin’s 00 price high at the tail end of 2017.

Finance Ministry officials spoke of a state-sponsored virtual currency that would be rolled out in order to lower the number of cash transactions in the nation, while cracking down on tax evasion and money laundering. Read more...

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Largest Cannabis Community Market in Israel to Accept Bitcoin Payments

July 30, 2018 By Mark Lyford Leave a Comment

Before it was turned into an investment asset, the invention of Bitcoin promised to usher in a world where anyone can pay for anything they like without a need for getting prior approval from the powers that be. The demand for uncensorable transactions still exists, and the latest example of this comes from Israel where the largest cannabis community market has turned to bitcoin payments.

Also Read: The Weekly: Muskbots Blocked, US Candidate Accepts Bitcoin, Herd of Institutional Investors Read more...

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[Guest Post] Tax Authorities in Israel Will Collect Information on Crypto Investors

July 25, 2018 By Mark Lyford Leave a Comment

By Adir Alon Going Towards Crypto Regulation? Tax Authorities in Israel Will Collect Information about Crypto Investors The Israeli Tax Authority conducted an audit at the offices of Bits of Gold and reached agreements whereby the company would provide information about customers who transfer over $ …

The post [Guest Post] Tax Authorities in Israel Will Collect Information on Crypto Investors appeared first on CoinReport.

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Blockchain Takes the Stage at Flagship Cryptography Conference in Israel

May 2, 2018 By Mark Lyford Leave a Comment

For the second year in a row, a flagship cryptography conference in Europe has devoted an entire session to blockchain technology.

It was a sign that cryptographers, who once struggled to take the cryptocurrency space seriously due to its hacks, frauds and often reckless approach to developing secure protocols, are now investing their time into the space.

The 37th annual Eurocrypt conference was held this year on April 30 to May 3, 2018, in Tel Aviv, Israel, at the Dan Panorama Hotel, steps from the Mediterranean ocean. Hosted by the International Association for Cryptologic Research (IACR), the conference was attended by 370 people. Five blockchain papers were presented on the second day of the conference, and one of those even received a “best paper” award. Read more...

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Israel Securities Authority determines bitcoin is not security

April 7, 2018 By Mark Lyford Leave a Comment

A special committee set up by the Israel Securities Authority (ISA), the national securities regulator of Israel, to look into the status of Initial Coin Offerings (ICOs) has concluded that a cryptocurrency used only for consumption i.e. as payment without any rights involved is not a security, acco…

The post Israel Securities Authority determines bitcoin is not security appeared first on CoinReport.

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Israel Officially Declares Bitcoin Is Not a Security

March 26, 2018 By Mark Lyford Leave a Comment

Israel Securities Authority (ISA) Committee for the Examination and Regulation of Initial Coin Offerings (ICOs) issued a series of “recommendations designed to dispel uncertainty and strike a balance between technological innovation and the protection of the investors.” Included in their findings were whether cryptocurrencies such as bitcoin are considered securities – a decision carrying major implications for future regulation.

Also read: Bitcoin Ransomware Attack Halts Major American City Read more...

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As Cryptocurrency Gains Popularity In Israel, Discussions Continue About a ‘Crypto-Shekel’

Largest Cannabis Community Market in Israel to Accept Bitcoin Payments

[Guest Post] Tax Authorities in Israel Will Collect Information on Crypto Investors

Blockchain Takes the Stage at Flagship Cryptography Conference in Israel

Israel Securities Authority determines bitcoin is not security

Israel Officially Declares Bitcoin Is Not a Security

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