On December 31, Israel will debut six Bitcoin mutual funds approved by the Israeli Securities Authority. This move offers local investors an easy route to invest in Bitcoin and bypass the challenges of direct cryptocurrency ownership and trading. Israel Launches Bitcoin Mutual Funds Israel is set to launch six Bitcoin mutual funds on December 31, […]
Israel
Cryptocurrency Fluctuates Amidst Iran-Israel Conflict: Report
The global financial markets experienced tremors following Iran’s maiden military attack against Israeli soil, with cryptocurrencies being one of the key victims. A famous crypto journalist, Colin Wu reported through his post on Wu Blockchain X that the price of both Ethereum and Bitcoin dropped significantly after his platform was attacked. After the historic Iran […]
Massive Crackdown On Hamas-Affiliated Crypto Accounts
In the wake of Hamas’s recent onslaught, Israeli authorities have ramped up efforts to sever financial ties between the crypto market and the terrorist organization. According to sources familiar with the matter, more than 100 accounts on Binance, the world’s largest crypto exchange, have been taken down since the onset of Hamas’ assault on October […]
Crypto Under Siege: Uncovering Illicit Funding In Israel-Palestine Conflict
Against the backdrop of rising tensions between Israel and Palestine, the crypto world has become entangled in the conflict, revealing a web of illicit financial activities and funding streams. Recent investigations conducted by blockchain analytics firm Elliptic and crypto research group BitOK have exposed startling revelations about the flow of digital assets to militant groups […]
Binance and Israeli Law Enforcement Unite to Block Hamas-Related Cryptocurrency Operations
Binance, the world’s largest cryptocurrency exchange, has decided to form a partnership with the cyber division of Israel’s police force. This cooperative initiative has led to the freezing of numerous cryptocurrency accounts associated with Hamas by law enforcement. The situation in Israel has been deteriorating, characterized by an escalating surge of violence, conflict, and bloodshed […]
Israel Captures Cryptocurrency Worth $1.7M From Iranian Military And Hezbollah
Despite the fact that crypto assets have drawn attention from all across the world, their use continues to have a negative connotation through illegal channels. The Israeli government recently revealed that digital assets had been used by the Iranian-backed Hezbollah armed group in Lebanon and the Quds Force of the Iranian Revolutionary Guard. Israeli authorities […]
Crypto Regulation Incoming, Israel Chief Economist Shares Recommendations
In order to safely increase crypto adoption, Israel’s chief economist has provided policymakers with a list of recommendations for how to approach the nation’s laws governing digital assets. Shira Greenberg, the chief economist at the Ministry of Finance, advocated for a more thorough regulatory framework that would bring trading platforms and cryptocurrency issuers into compliance […]
Israel: Authorities capture 30 crypto wallets linked to terror funding
Israeli enforcement agencies have confiscated nearly 30 cryptocurrency wallets from 12 accounts, allegedly used to fund Hamas which has since been declared a terror group. As per local sources, Defense Minister Benny Gantz had approved the seizure owned by a crypto exchange based in the Gaza Strip. According to the ministry, the trading platform which […]