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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.

Top News

Is Dogecoin set to follow Shiba Inu’s (SHIB) 400% breakout?

'Much ow' ahead? Dogecoin chart fractal puts Shiba Inu's 390% QTD rally in danger

Shiba Inu rebounds 40% despite major selling by SHIB whales

One currency to rule them all: Facebook’s Diem has global ambitions

Shiba Inu is now a top-20 cryptocurrency with SHIB price soaring 300% in 9 days

A team that includes representatives from the central bank of Israel has published a formal request for information on Distributed Ledger Technology.

Israel’s Central Bank Issues Request for Information on DLT

Adrian Zmudzinski

2018-12-22T20:28:00+00:00

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GMT, which describes itself as Israel’s “largest” financial player, is joining Ripple’s network, alongside names such as MoneyGram.

Israel: Financial Services Firm GMT Joins RippleNet

2018-12-18T18:52:00+00:00

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Orbs, an Israeli blockchain startup, has received an investment from South Korea’s largest messaging app operator Kakao.

South Korean Internet Giant Kakao Invests in Blockchain Startup Orbs

Adrian Zmudzinski

2018-12-13T19:53:00+00:00

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Chinese mining giant Bitmain will close its Israeli blockchain and AI development center, letting its 23 local employees go.

Bitmain Closes Israeli Blockchain Development Center, Citing Crypto Market Conditions

2018-12-10T11:07:00+00:00

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Cryptocurrencies are “Ponzi schemes,” while blockchain is “important,” says former Israeli prime minister.

Israel: Former PM Calls Crypto a ‘Ponzi Scheme,’ But Underlines Importance of Blockchain

2018-12-04T15:46:00+00:00

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Israel’s first dedicated crypto investment firm for institutional investors has launched two new funds this month, and expects to have $50 million in AUM by the...

Israel: Crypto Investment House Launches Two New Funds for Institutional Clients

2018-11-19T10:56:00+00:00

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A dedicated focus group says that Israel’s central bank should “continue examining the field” prior to making a firm commitment in releasing a digital currency.

Israel’s Central Bank ‘Not Recommended’ to Issue Own Digital Currency

2018-11-07T12:12:00+00:00

4416

Per a recent report by crypto research firm One Alpha, Israel-based startups raised $606 million through ICOs as of the third quarter of 2018.

Report: Israeli Projects Raised Over $600 Million via ICOs as of Q3 2018

2018-11-02T23:00:00+00:00

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