Insurance companies and investment houses might be required to detail and justify any investments linked to bitcoin.
A mix of high taxes, burdensome regulation and an antagonistic banking sector makes starting a crypto business in the Holy Land unviable.
Central bank digital currencies, like the digital shekel, can be programmed to stop money reaching the wrong people, says Orbs' co-founder.
The Israeli Bitcoin Association is opposing the proposed reporting requirement, calling it discriminatory.
The wallets, 84 in all, show the terrorist group has diversified its holdings far beyond bitcoin.
Palestinians do not have an independent currency, and rely on the Israeli shekel and Jordanian dinar.
The official said he is not optimistic about an Israeli CBDC being launched.
Whatever the rights and wrongs of the Gaza conflict, platforms like Venmo shouldn't decide who gets paid or not. We need open systems like Bitcoin.
The central bank is to focus more effort on CBDCs as a potential benefit to payments and the digital economy.
Altshuler Shaham made the investment in GBTC in the second half of last year, when bitcoin was trading at around $21,000.
The three co-founders of Collider Ventures agree Israel’s vibrant crypto industry waned, yet didn’t fizzle, throughout 2020.
Mossad and Shin Bet are reportedly investigating an early September hack that hit 20 cryptocurrency executives.
The draft bill would define bitcoin and other cryptos as "currency" instead of an "asset" for tax purposes.
Israel-based digital forensics firm Cellebrite announced the launch of its cryptocurrency and blockchain tracing tool on Tuesday.
The new blockchain platform can facilitate peer-to-peer trading and allow the securities lending market to reach its full potential, the exchange said.