Category: bits of gold
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Israel’s chief economist lays out recommendations for crypto regulation
The chief economist said the Supervisor of Financial Service Providers and the Israel Securities Authority should be granted more powers to oversee the industry.
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Digital Asset Exchange Platform Granted ‘Crypto Financial Services Provider License’ by Israeli Regulator
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Israeli crypto exchange receives capital markets license in country first
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.
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Israeli Supreme Court Stops Bank From Closing Crypto Exchange’s Account
In February 2018, the Supreme Court of Israel issued a temporary injunction order forbidding a major bank in the country from halting the activity of a local cryptocurrency exchange. Now the bank has been forced to accept that the company’s account will remain open indefinitely. Also Read: Community Funding and Bringing Smart Contracts to BCH […]
The post Israeli Supreme Court Stops Bank From Closing Crypto Exchange’s Account appeared first on Bitcoin News.
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Israeli Exchange to Launch Crypto Payments API Service for Local Businesses
There is a new option on the way for Israeli companies that wish to accept orders from cryptocurrency users while they keep managing their books in fiat. A local bitcoin exchange, Bits of Gold, is launching an API service for regulated crypto payments. Also Read: Billions Living Under Authoritarian Regimes Need Bitcoin Says Human Rights […]
The post Israeli Exchange to Launch Crypto Payments API Service for Local Businesses appeared first on Bitcoin News.
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Israel Tax Authority Convinces Local Exchange to Report Big Traders
Tax agencies around the world keep applying pressure on bitcoin and crypto companies to make their operations transparent to them. The latest example comes from Israel, where a local exchange with over 50,000 clients has been convinced to report its bigger traders to the national tax authority. Also Read: Decentral Launches Its New Crypto Wallet […]
The post Israel Tax Authority Convinces Local Exchange to Report Big Traders appeared first on Bitcoin News.
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Israeli Supreme Court Orders Bank Leumi Not to Block Bits of Gold’s Activities
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Israeli Supreme Court Forbids Bank From Denying Service to Bitcoin Exchange
The Supreme Court of Israel issued a temporary injunction order on Monday forbidding Bank Leumi from sweepingly halting the account activity of the Bits of Gold bitcoin exchange. This is seen as a major victory in the Israeli cryptocurrency industry that will set a precedent for other bitcoin businesses struggling to get banking services. Also […]
The post Israeli Supreme Court Forbids Bank From Denying Service to Bitcoin Exchange appeared first on Bitcoin News.
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