Cryptocurrency Analysis and News Portal
Major crypto exchange Binance has reportedly halted activities and marketing to Israelis following a request from one of the country’s financial regulators over licensing.According to a Thursday report from Israel-based news outlet Globes, the Capital Market, Insurance and Savings Authority requested Binance provide information on the services it was providing
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Cryptocurrency exchange Coinbase will acquire cryptographic security company Unbound Security in a move that will also have the U.S. company launch a research facility in Israel.In a Tuesday blog post, Coinbase said it would be purchasing Unbound to gain access to its cryptographic security experts as well as establish a
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According to Haaretz, the eight suspects, which include Hogeg, are accused of a number of offenses including conspiring to mislead investors, theft and money laundering. The Jerusalem Post said he was arrested, along with a family member, at the office of the Premier League football club he owned, Beitar Jerusalem. Source
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Israel has reportedly enacted new regulations related to the cryptocurrency industry in order to combat illegal activities such a money laundering and terrorism financing.The government of Israel enforced new Anti-Money Laundering (AML) regulations on Sunday, requiring local fintech companies and virtual currency service providers (VASP) to obtain an operating license,
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In Israel, the number of blockchain and crypto-related companies increased by 32% in 2019, according to a report from the Israeli Bitcoin Association published on Dec. 30.The report revealed that there were 150 active companies in the field in 2019, while at the end of 2018, the number was
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