Major Israeli Investment House Invested $100 Million in the Grayscale Bitcoin Trust Fund in December 2020

Major Israeli Investment House Invested $100 Million in the Grayscale Bitcoin Trust Fund in December 2020One 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 Worth in BTC Per Globes Israel, the multi-million-dollar investment yielded […]

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Internet Company Asks Israeli Authorities Permission to Pay Salaries in Bitcoin

Internet Company Asks Israeli Authorities Permission to Pay Salaries in BitcoinThe Israeli high-tech sector is currently undergoing a severe talent squeeze, with companies having to compete over employees with higher salaries, stock options and better perks. One such company might have found a new way to attract and retain tech-savvy staff in this environment: offer to pay salaries in bitcoin. Now it only remains to […]

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Tel Aviv Court Forces Bank to Accept Funds From Sale of Bitcoin

Tel Aviv Court Forces Bank to Accept Funds From Sale of BitcoinThe Israeli banking system keeps mounting challenges for bitcoin users, be they exchanges, miners or just traders, and keeps getting slapped for it by the courts. The latest example comes from Tel Aviv where a bank tried to deny incoming transfers from an exchange. Also Read: Israeli Bitcoin Mining Company Sues Bank for Closing Its […]

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Israeli Bitcoin Company Sues Banks for Not Letting it Open Accounts

Israeli Bitcoin Company Sues Banks for Not Letting it Open AccountsAn Israeli company that was created in January has gotten its business rejected by all banks in the country, and is now suing them. Without a bank account, an Israeli exchange would not be able to legally receive fiat transfers from clients, effectively preventing it from starting operations. Also Read: Israel Tax Authority: Bitcoin is […]

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Bitcoin Divorce Presents New Challenge for Rabbinical Court in Israel

Bitcoin Divorce Presents New Challenge for Rabbinical Court in IsraelWhile some state authorities and financial regulators might deride bitcoin, more people are using the cryptocurrency in their everyday lives. This has recently become evident by divorce cases around the globe involving bitcoin, with the latest example coming from Israel. Also Read: Half of Large British Businesses Hold Stockpiles of Cryptocurrency Bitcoin Wedding A rabbinical […]

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