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The Tel Aviv District Court has received today an indictment against Halmi Git, a 33-year-old from the Palestinian city of Hebron, for a wide-ranging affair involving the management of forums for the sharing and sale of stolen credit card details. His forums have allegedly involved about 1,300,000 users from around the world, leading to massive … Read more
The Tel Aviv Stock Exchange in partnership with Intel, Accenture and The Floor, has developed a blockchain-based securities lending platform Go to Source Powered by WPeMatico
Various local branches of the Israel Tax Authority have sent out letters to those they suspect are trading bitcoin without reporting it. The tax agency demands in those letters that the recipients will divulge all of their involvement in the cryptocurrency market including all past transaction history and current holdings. People are being asked to … Read more
The 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 … Read more
Despite already setting a precedent in a previous case, the Israeli courts system is again called upon to stop a bank from shutting down a crypto business. This time, Union Bank tried to refuse operating an account to a mining firm – a service all companies need to legally operate in the country. Also Read: … Read more
Israeli equity investors seem to maintain a strong appetite for exposure to the bitcoin ecosystem. The value of a public company traded on the TASE has increased by almost half after it officially completed a deal with Canadian miner Bitfarms. Also Read: How the Government Gave Your Money to the Banks – Again and … Read more
Israel Securities Authority (ISA) Committee for the Examination and Regulation of Initial Coin Offerings (ICOs) issued a series of “recommendations designed to dispel uncertainty and strike a balance between technological innovation and the protection of the investors.” Included in their findings were whether cryptocurrencies such as bitcoin are considered securities – a decision carrying major … Read more
On March 24, the mining operation Slush Pool announced it had mined a block using the controversial ASIC Boost protocol and did so using a Halong Miner. The news follows the pool revealing it was compatible with ASIC Boost which sparked up a heated debate just recently. Also read: What is Asicboost? — An Interview With … Read more
US Department of Justice formally sanctioned an Iranian company and nine Iranian nationals for broad, worldwide hacking schemes against government outlets, universities, energy concerns, and private companies. Among the over half dozen hackers named was the alleged perpetrator of the Home Box Office (HBO) compromise and subsequent bitcoin ransom. The wildly popular HBO drama, Game … Read more
There are quite a few opinions on whether or not Bitcoin is a legal asset. In Israel, the decision was pretty easy to make. The country’s Securities Authority has deemed Bitcoin not a security. This is a rather remarkable and surprising decision, all things considered, and it creates an interesting precedent for the rest of the world. … Read more