Cryptocurrency scams have always been successful ever since this industry was created. Even in 2019, there are multiple successful scams which cost people a lot of good money. In Israel, one scammer successfully stole $1.7m spanning various cryptocurrencies by primarily targeting users in Western Europe. The Israeli Crypto Scammer It would appear Israel has become a prominent region for cryptocurrency in recent years. This is primarily because it makes for …
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There are quite a few opinions on whether or not Bitcoin is a legal asset. In Israel, the decision was pretty easy to make. The country’s Securities Authority has deemed Bitcoin not a security. This is a rather remarkable and surprising decision, all things considered, and it creates an interesting precedent for the rest of the world. Israel’s Securities Authority Rules on Bitcoin Bitcoin has been receiving a ton of regulatory scrutiny over the …
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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 Cryptocurrencies When it comes to Bitcoin and other cryptocurrencies, opinions are still divided. Governments and …
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