News by results: Israel

Israeli Regulator to Fast Track 2,000 Fintech License Applications

Israel’s Fintech regulator is rearranging its licensing regime to encourage competition in the field.

Blockchain Delegates to Trump’s ‘Peace to Prosperity’ Event Sue Each Other

As Israeli news site Globes reported on August 4, Orbs’ Elad Arad is suing his co-founders Uriel and Daniel Peled for having dispossessed him of his share in the firm, among other charges.

Israeli hacker indicted for suspected theft of NIS 6m cryptocurrency

Eliyahu Gigi from Tel Aviv is charged with offenses under the Computers Law, theft, fraud, aggravated counterfeiting, use of a forged document, perjury, money laundering, and offenses under the Income Tax Ordinance.

Israel: Institute Sues Professor for Alleged Blockchain Intellectual Property Violation

The Technion Israel Institute of Technology has filed a civil suit against a faculty member for allegedly establishing of a zero knowledge proof technology company and making use of the knowledge developed by him while working at the institute. The news was published by local media outlet Calcalist on April 22.

Israel: Crypto Mining Firm Bitfarms Eyeing Move to Canadian Stock Exchange

It was announced on April 1, 2019, that Bitfarms is applying for listing on the Toronto Stock Exchange, essentially moving from their current home at the Tel Aviv Stock Exchange.

Israeli Regulator May Create Crypto-Dedicated Trading Platform

An advisory committee, set up by the Israeli Securities Authority (ISA) in late 2017, submitted a final report on the regulation of cryptocurrencies this Wednesday.

Aviya Arika: Crypto and blockchain will become mature industries only if entrepreneurs act maturely

Cryptocurrencies and blockchain are just at the beginning but the future will see a lot more from these two technologies. As BR’s MindChain event is fast approaching, we talked to Aviya Arika, Chief of Blockchain and Head of Strategic Initiatives at Aviya Innovative Law and a member of the Israeli Blockchain Association, in order to find out more about the future of blockchain and cryptocoins.

Israel’s Central Bank Issues Request for Information on DLT

A team that includes representatives from the Bank of Israel has issued a formal request for information about Distributed Ledger Technology (DLT), published on its website Dec. 18.

Ripple Partners With Israel’s Largest Financial Services Firm GMT

Ripple’s expansion remains unstoppable and has now the company behind XRP managed to conquer Israeli territory after closing a significant deal with GMT in an effort to boost the financial industry in the region and consolidate Ripple’s domination of the market.

Israeli Tax Authority Cracks Down on Unreported Crypto Earnings

Over the last two weeks, Israel's Tax Authority has unilaterally opened tax accounts for hundreds of Israelis it has identified as having unreported earnings from cryptocurrency trading.

Israeli Startups Raised $600 Million Through ICOs in 2018: Report

Israeli startups have brought in more than $600 million in funding from initial coin offerings (ICOs) in the first three quarters of 2018, according to an industry report.

Bitcoin Mining Giant Bitmain is Tripling its Development Center in Israel

Bitmain, the Chinese bitcoin mining giant valued at $12 billion, is cementing its presence in Israel by planning to triple its employees at its domestic development center.

Israel Tax Authority Convinces Local Exchange to Report Big Traders

Tax agencies around the world keep applying pressure on bitcoin and crypto companies to make their operations transparent to them. The latest example comes from Israel, where a local exchange with over 50,000 clients has been convinced to report its bigger traders to the national tax authority.