Archive | israel

Israeli Arrested for Attempted $50M Crypto Sale of ‘Pegasus’ Spy Software

An Israeli man was indicted by the Tel-Aviv District Court on 5 July 2018 for trying to sell top-secret spy software called Pegasus built for Israel’s government. The extremely sophisticated software gained notoriety for being able to hack into Apple iPhones. The man worked as a senior programmer for NSO Group, which gave him access to […]

Major Israeli Exchange to Pass on Client Crypto Details to Tax Office

A local Israeli cryptocurrency exchange has agreed to pass on client information to tax authorities as part of a government drive to tighten cryptocurrency regulations, according to local Israeli news source Calcalist. Major Israeli crypto exchange Bits of Gold will pass on details relating to large cryptocurrency deposits over $50,000 total in the last 12 […]

Africa and the Middle East: Crypto and Blockchain News Roundup, 1st to 7th June 2018

Africa and the Middle East Welcome to our weekly roundup of all important blockchain and cryptocurrency news from around the world. Follow the latest developments in the cryptocurrency space continent by continent, country by country. Africa African Union Africa has potential to become next frontier in crypto: According to a report by Economist Nigeria, Africa is […]

Israel’s New AML Laws Add Clarity for Crypto Investors

Israel’s finance minister Moshe Kahlon has signed draft legislation which has been introduced to combat cryptocurrency money laundering in the Middle Eastern state, writes Israeli business source Globes. The new draft notice is an addition to an existing law, due to be introduced into legislation in June of this year. The money laundering legislation will […]

Wendy McElroy: The Centralization of Crypto and the Banality of Evil

The Satoshi Revolution: A Revolution of Rising Expectations Section 3: Decentralization Chapter 8, Part 3 The Centralization of Crypto and the Banality of Evil First we must realize that all actions are performed by individuals… If we scrutinize the meaning of the various actions performed by individuals we must necessarily learn everything about the actions […]

Israeli Court Overturns Bank’s Refusal of Crypto-Related Transaction

Israel’s largest bank, Bank Hapoalim, has been found to have unlawfully blocked a money transfer of USD 195,00 coming from a European cryptocurrency exchange platform, citing unsubstantiated claims of suspected money laundering and terrorist financing. The case was presided over by Judge Limor Bibi, who concluded that Bank Hapoalim did not have any substantial evidence to back […]

Africa and the Middle East: Crypto and Blockchain News Roundup, 13th to 19th April 2018

Africa and the Middle East Welcome to our weekly roundup of all important blockchain and cryptocurrency news from around the world. Follow the latest developments in the cryptocurrency space continent by continent, country by country.   South Africa Tax authority may be wrong about crypto: Tax Authority in South Africa, SARS, has announced that cryptocurrencies cannot […]

“Bitcoin Has Matured”: Meni Rosenfeld On Bitcoin In Israel

Chairman of the Israeli Bitcoin Association (IBA) Meni Rosenfeld said that “Bitcoin has matured” during an interview at the Blockchain & Bitcoin Conference in Israel. He discussed the progress of bitcoin in Israel, and his role in its progression. Meni’s role in the IBA Meni was questioned on his role as chair of the IBA, and the goals […]