Bitcoin News / Bitcoinist - 1 year ago
One of the most notable features of cryptocurrency is its ability to enable instant cross-border payments, which has attracted a widening number of territories so far. Around 105 countries have tapped the technology, with some currently in the final...
Cryptocoins News / The Cointelegraph - 1 year ago
The Project Icebreaker initiative aimed to improve cross-border payments by reducing costs and increasing speed and transparency, with a final report expected in Q1 2023....
Bitcoin News / Bitcoin.com - 1 year ago
An Israeli capital markets regulator, the Insurance and Savings Capital Market Authority, recently granted a “crypto financial services provider license” to Bits of Gold, the first such license for an active company in the count...
Cryptocoins News / The Cointelegraph - 1 year ago
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. Israeli-based cry...
Cryptocoins News / Blockchain - 1 year ago
Bits of Gold is the first crypto firm to receive this license, which will enable it to work with local banks and financial institutions. (Read More)
More / Bitcoin Reddit - 1 year ago
submitted by /u/CoinCorner_Sam [link] [comments]
Bitcoin News / Bitcoin Magazine - 1 year ago
After a legal framework revamping in 2016, Bits of Gold became the country’s first active company to secure licensing to operate as a virtual asset service.Israeli regulators grant the first VASP license to Bits of Gold after 5 years of waiting.The c...
Bitcoin News / Google News Bitcoin - 1 year ago
Israel Grants Its First Bitcoin, Crypto Trading License To Local Exchange Bits of Gold& & Bitcoin Magazine
More / Bitcoin Reddit - 1 year ago
As we all know, Israel is a country known for its socialist past and high regulation. We have only one bitcoin exchange in Israel that accepts Israeli bank transfers: bit2c.co.il. The rest are ATM's or only accept high fee credit cards. They rece...
More / Bitcoin Reddit - 1 year ago
I use bit2c.co.il for buying bitcoin in Israel. The trading fees will be raised to as high as 2.5-3% for small traders. That is absurd. I think I'm done using them. I'm not yet sure if there will be anything else. https://bit2c.co.il/home/Fee...
Cryptocoins News / Finance Magnates - 1 year ago
<p>The French social services were defrauded via false claims and stolen identities during the pandemic. Unemployment benefits were illegally obtained, which amounted to millions of euros that were later laundered via crypto and transferred to...
Bitcoin News / Bitcoinist - 1 year ago
In an effort to encourage Israelis away from using cash and towards paying digitally, Israel recently enacted a new regulation limiting the use of cash on August 1st. Starting in 2019, an Israeli company’s cash transaction limit was 11,000 NIS...
Cryptocoins News / The Cointelegraph - 1 year ago
It’s believed that Israel will neither be the first nor last country to impose such measures. Authorities in Israel on Monday has in put in place further restrictions...
More / Bitcoin Reddit - 1 year ago
submitted by /u/1entreprenewer [link] [comments]
More / Bitcoin Reddit - 1 year ago
Good thing that it could never happen here in the U.S., right? submitted by /u/mebf109 [link] [comments]
Bitcoin News / Google News Bitcoin - 1 year ago
Israel Prohibits Cash Deals for Amounts Starting as Low as $1700 – Finance Bitcoin News& & Bitcoin News
Bitcoin News / Bitcoin.com - 1 year ago
New legislation introducing tighter restrictions on payments with large sums of cash will enter into force in Israel on Monday. The goal, as stated by the country’s tax authority, is to improve the fight against organized crime, money launderi...
by COINS NEWS - 1 year ago
https://www.israelnationalnews.com/news/357072 Offenders face significant fines & those splitting payments can be jailed. This amount refers to payments to businesses, including the self-employed and freelancers. Payments between private indivi...
Bitcoin News / Bitcoin.com - 1 year ago
The digital currency firm Etoro has revealed it is laying off 100 workers or roughly 6% of the company’s workforce. Furthermore, Etoro disclosed that the company is terminating the special purpose acquisition company (SPAC) merger planned with...
Cryptocoins News / The Cointelegraph - 1 year ago
This year’s annual Israel Crypto Conference was focused on regulation and CBDCs: The regulated status of cryptocurrencies would open many doors of possibilities. In hi...
Cryptocoins News / The Cointelegraph - 1 year ago
On Monday, the Bank of Israel released the results of a lab experiment that examined user privacy and the use of smart contracts in payments. This was the central bank’s first technological experiment with a central bank digital currency (CBDC).The f...
Bitcoin News / Bitcoinist - 1 year ago
CBDC, or central bank digital currency, will be the main focus of three major financial and lending institutions to validate the feasibility of new digital currency system, the Bank of Israel said on Friday. Upon its launch in the third quarter of th...
Cryptocoins News / Blockchain - 1 year ago
The Hong Kong Monetary Authority (HKMA) joint research with the Bank of Israel (BOI) and the Bank for International Settlements Innovation Hub (BISIH) Hong Kong Centre for retail Central Bank Digital Currency (CBDC). “We trust that with the expert...
Cryptocoins News / CoinJournal - 1 year ago
Tel Aviv, Israel, 7th June, 2022, Chainwire Top web2 VC Pitango has launched First Labs, a thesis-driven web3 lab designed to bridge the traditional economy and web3. Israel’s leading venture capital firm, Pitango operates seed and early venture fu...
Cryptocoins News / The Cointelegraph - 1 year ago
Financial companies in Israel are increasingly moving into cryptocurrencies like Bitcoin (BTC), with two competing credit card firms working on BTC investment and cashback features.Two Israel-based credit card companies, Max and Isracard, have inked...
