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Cryptoknowmics 2022-11-29 06:16:09

Israeli Ministry of Finance Offers New Regulations for Digital Assets

Taking forward advanced the nation’s entry into the cryptocurrency sector, the Israeli Ministry of Finance published a list of proposals for the governance of digital assets in the country on Monday. The suggestions urge the development of new regulatory frameworks, licensing authorities, and oversight over the issue of supported digital assets, notably stablecoins, and the delivery of financial services via them. Israel Govt. Proposes New Crypto Regulations The recommendations also contain a suggestion to let taxation of cryptocurrency kept outside of Israel be paid through the Bank of Israel. The plan would also establish an inter-ministerial commission to supervise the The post Israeli Ministry of Finance Offers New Regulations for Digital Assets appeared first on Cryptoknowmics-Crypto News and Media Platform .

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