Israel Tax Authority: Bitcoin is Property, Not Currency

Israel Tax Authority issued a professional circular on February 19 (4 Adar 5768), clarifying the country’s tax policy on cryptocurrencies in general and bitcoin in particular. “Bitcoin and its like” are discussed in what’s referred to as a “final circular” on crypto and value-added tax (VAT) along with capital gains. Also read: Switzerland Enacts ICO Guidelines … Read more

The Futility of Government Bans – Bitcoin Always Finds a Way

Cryptocurrencies have been threatened at one point or another by nearly every country on the planet. Rarely does a government venture beyond rhetoric. Those resorting to crackdowns are often met with greater public appetite for decentralized virtual money, making all that initial fuss an exercise in futility. Be they communist strongholds or liberal democracies, bitcoin … Read more

Israel Wants to Ban Trading of Crypto-Related Companies’ Shares

Although cryptocurrencies became a lot more popular last year, they also pose a big problem for regulators. Most recently, the Israel Securities Authority proposed a ban on trading shares of cryptocurrency-related companies. This is a rather interesting development, especially when considering that no other country around the world has done so. Israel Takes an Aggressive Stance Toward … Read more

Strong Cryptocurrency CFD Volumes Bring Record Revenues for Plus 500

The latest trading update from Plus 500 reveals a growing appetite for cryptocurrency exposure among contract-for-difference (CFD) traders. Also Read: Ethereum Over $1000 and $100B Market Cap, BTC Dominance at 32% Record Low Plus Bitcoin, Plus Ripple, Plus500 London Stock Exchange AIM-listed online brokerage Plus 500 (LON: PLUS) has announced it achieved record quarterly revenues … Read more

Israeli Startup Will Create “Clean Meat” Inside a Lab

When science and technology come together, both exciting and frightening things are bound to happen. A startup known as SuperMeat raises a lot of questions in this regard. It aims to develop lab-made chicken meat which will be labeled as “clean meat”. It’s an interesting concept that warrants further investigation. The Era of Lab-grown Clean … Read more

Israeli Regulator Investigating Public “Bitcoin” Company for False Claims

Bitcoin mania has taken over the business world. Companies from India to Long Island are rushing to add bit, coin, crypto or blockchain to their names. As that is the case it would not be a big surprise if some have also stretched the definition of what they do too far just to have some … Read more

More Firms Entering the Bitcoin Market See Stocks Soar

It appears that public companies have found a new way to attract investors to their stocks, implying they are becoming a part of the booming bitcoin market. Also Read: Israeli PM Netanyahu Says Bitcoin Is Rising as Banks Are Destined to Disappear Crypto Stocks? A third company listed on the Tel Aviv Stock Exchange (TASE) … Read more