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Israeli Knesset Creates Special NFT for New President Isaac Herzog
9.7.2021
Israel’s parliament, the Knesset, has become the first national legislature to release a non-fungible token. The special NFT has been created for the country’s new president, Isaac Herzog, who took office this week after his election in early June. Knesset Becomes First Parliament...
Palestinians Ponder Digital Currency as Move for Monetary Independence
26.6.2021
The Palestine Monetary Authority is exploring the possibility of issuing its own digital currency. For Palestinians, the minting of a national coin would represent a step, at least a symbolic one, towards achieving monetary independence from the State of Israel. Digital Currency to Help...
Bank of Israel Drafts Model of a Digital Shekel
13.5.2021
The central bank of Israel has offered a glance at what a digitalized version of the national fiat currency may look like. According to a released “draft model” of the coin, Israelis should be able to use the digital shekel in payments, even offline, and convert it to cash at...
Cardano’s Cfund First Capital Goes to Israeli Fintech Startup Coti
7.4.2021
This latest move to broaden cooperation between Cardano and Coti builds upon previous collaborations as the former seeks to upgrade its payment solution on top of the former’s expanding financial infrastructure. Strategic Investment Marks First Allocation for New Ecosystem Venture Fund One...
Major Israeli Investment House Invested $100 Million in the Grayscale Bitcoin Trust Fund in December 2020
12.3.2021
One of the biggest asset managers in Israel allocated millions of dollars into the shares of Grayscale’s Bitcoin Trust (GBTC). Altshuler Shaham is now gaining exposure to bitcoin by investing $100 million in shares, according to a local media outlet. Altshuler Shaham Currently Holds $150M...
Israeli asset manager doubles its $100M Bitcoin investment in just two months
11.3.2021
The firm invested $100M into the Grayscale Bitcoin Trust late last year, it has sold one third and it's holdings are still worth $50M more than the purchase price
Israeli digital securities exchange gets preliminary green light from regulators
18.2.2021
The Israel Securities Authority has approved a request from Simetria to operate a digital bulletin board for investors ahead of its digital securities exchange launch
Lawsuit Against Israeli Crypto Entrepreneur Moshe Hegog Fails in US Court
27.1.2021
A Washington judge threw out the lawsuit after the plaintiff failed to make a case
Etoro Warns Customers to Brace for Suspension of Crypto Buy Orders due to an ‘Unprecedented Demand’
15.1.2021
Etoro, a trading and investing platform, has warned its customers to brace for possible limitations on their buy orders this coming weekend. The company says it might be forced to take this and other steps if the anticipated and unprecedented surge in demand for cryptos occurs. Unprecedented Demand...
Israeli Regulator Designates Utility Tokens Issued by Companies as Securities
6.1.2021
The Israel Securities Authority (ISA) recently ruled that utility tokens issued by companies are securities and, therefore, cannot be classified as assets. The ISA’s decision comes after Israeli tech startup Kirobo sought to convince the regulator that its planned token issuance did...
Israelis Must Now Disclose Crypto Holdings: Report
27.12.2020
Dozens of Israelis who own digital currencies have recently received notification telling them they must fully disclose their assets for taxation purposes
Israeli Tax Authorities Notify Cryptocurrency Owners to Disclose Their Holdings for Taxation Purposes
26.12.2020
The revenue collector, the Israel Tax Authority (ITA) has reportedly sent notifications to dozens of Israelis who own digital currencies asking them to fully disclose their assets and be taxed accordingly. In addition to sending letters to local citizens, the tax body has also sent inquiries...
How Israeli VCs Are Doubling Down on DeFi Startups
15.12.2020
The three co-founders of Collider Ventures agree Israel’s vibrant crypto industry waned, yet didn’t fizzle, throughout 2020
Black Shadow Hackers Demand 200 BTC Ransom from Israeli Insurance Giant Shirbit
6.12.2020
One of the largest insurance companies in Israel has been hit by a ransomware attack, and the threat actors started to release sensitive data, as the firm doesn’t pay the requested ransom in bitcoin (BTC). Israel-Based Shirbit Still Refuses to Pay $3.8 Million Ransom According to...
Israeli Firm Unveils Tech Allowing Users to ‘Undo’ Erroneous Ether Transactions
12.11.2020
Kirobo has repurposed its bitcoin transaction reversal feature to work on Ethereum
Investors fight to keep Bancor securities case out of Israeli court
3.11.2020
“Defendants say, in passing, that Israel is the more appropriate forum, but fail to provide any supporting detail,” stated lawyers in the class-action suit
Israeli Government Reportedly Investigating Unsuccessful Hack Targeting Crypto CEOs
6.10.2020
Mossad and Shin Bet are reportedly investigating an early September hack that hit 20 cryptocurrency executives
Israeli Lawmakers Plan to Exempt Bitcoin From Capital Gains Tax in Draft New Law
26.9.2020
Israeli lawmakers have proposed in a draft new law to treat bitcoin as a currency instead of an asset for tax purposes, local media reported. According to a report from Globes, four legislators from the Yisrael Beiteinu political party presented the Income Tax Ordinance (Taxation of the Sale...
Israeli Draft Bill Would Nix Hefty Capital Gains Taxes on Bitcoin
24.9.2020
The draft bill would define bitcoin and other cryptos as "currency" instead of an "asset" for tax purposes
Israeli regulators propose Bitcoin be taxed as a currency, not an asset
24.9.2020
“The regulatory reality in Israel is not adapted to the existing reality in the field,” the proposed bill states