Israel chooses to observe and report
While some countries proceed to search for a way to get something out of elusive cryptocurrencies, Israel prefers to wait it out until someone else makes a step forward. As usual, everybody knows that coin is out there but no action is taken to legalize it or somehow disprove its right to be used as a currency. Israel on the other hand may go a different way. They do not plan to overlook the situation with digital currency, quite the opposite they are watching closely what the other boys in the sandbox will do. However, the concern is beginning to grow and as with other countries, the part....
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Binance has reportedly halted services in Israel after the cryptocurrency exchange was approached by the country’s financial regulator inquiring about its activities and the licenses under which it operates. A growing number of regulators have been scrutinizing Binance for operating without a license in their jurisdictions.
Binance Halts Crypto Services in Israel
Israel’s Capital Market, Insurance, and Savings Authority has reportedly approached Binance regarding the crypto exchange’s activities in the country.
The authority, which is responsible....
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