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Israel
Israeli Lawmakers Support Axing Crypto Capital Gains Tax for Foreigners
A bill exempting foreign residents from capital gains taxes on crypto sales, and lowering tax on stock-options-like crypto options for employees has passed a preliminary reading in the Knesset.
Israel Seized $1.7M in Crypto From Iranian Military and Hezbollah With Chainalysis' Aid
The Israeli government seized the crypto wallets after an order from Defense Minister Yoav Gallant earlier this week,.
Israel Has Seized 190 Binance Accounts With Alleged Terrorist Ties Since 2021: Reuters
Israeli authorities say the accounts on crypto exchange Binance belonged to individuals affiliated with Daesh and Hamas.
Israel's Central Bank Outlines Scenarios for Issuing a Digital Shekel
The bank hasn't decided yet whether to issue a central bank digital currency.
BIS Says 'Hub-and-Spoke' Cross-Border Transfers Offer Benefits to Retail CBDC
The system is designed to offer users the best foreign-exchange rates and faster transactions while allowing central banks to keep almost total control of their currencies.
Tel Aviv Stock Exchange Plans to Let Customers of Its Nonbank Members Trade Crypto
The exchange is trying to meet the demand for digital assets while mitigating the risks.
Israel's Central Bank Proposes Rules for Stablecoins Including 100% Reserve Requirement
The Bank of Israel also recommends a ban on algorithmic stablecoins if they become widely used for payments.
StarkWare to Open Source Its Ethereum Scaling System
The tech company was valued at $8 billion during a funding round last year.
Israel’s Securities Watchdog Moves to Better Supervise Crypto Assets
The Israel Securities Authority proposed new legal definitions for digital assets that would formally establish their government supervision – most frequently as securities.
Israel’s Ministry of Finance Proposes New Guidelines for Regulating Digital Assets
The proposal follows the country’s recent efforts to integrate cryptocurrencies into its economy.