Crypto World News #1 Israel Considering Its Own National Cryptocurrency now.
According to the latest information, the Israeli government is considering the benefits of cryptocurrency. The Israel Tax Authority is considering this possibility. They believe that people earn profits tax from cryptocurrency.
An Israel Tax Authority source has said that we cannot ignore this incident. Financial transactions are involved in one way or another and so we are investigating their importance. But a model was not clear for tax profits.
Given that the country does not recognize cryptocurrency as the official currency so far. Jonathan Ruch, CEO of Israeli Bitcoin Exchange Hits of Gold, agreed that I think it is not enough for the Israeli Tax Authority that the company's 100% favor Bitcoin.
They should know now that from which bank account they can carry tax and they will not take them into cryptocurrency yet the bits of gold signed a partnership last month, due to which the exchange of legal money in the country Permission was granted. He now says that he is negotiating to help to shape the future.
Israeli Government was looking for digital currencies for a long time because they believe that digital currency is the future of the future and that is why they have extended their hand in promoting cryptocurrency because in countries like Russia and Dubai it is already running.
Mark Smargon, VP Blockchain Colu told Cointelegraph:
"The Israeli regulators have been looking into digital currencies for a while, we were even part of this conversation. If this initiative becomes a reality, Colu will be happy to collaborate...as we believe digital currencies are the future of money."
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A.D.S.A.C.T.L.Y = Autonomous Decentralized Society Acting Cooperatively to Leverage You!
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Haha, government cryptocurrency. The interesting parts of a cryptocurrency are: Open source, Decentralized, Permissionless.
You think their new crypto will have these features????
LOL
Lets see what they will do.
It is very grate cryptocurrey information .
very good post and also useful
#Wow
Thats a great post,,
i am a big #fan of you,,
keep it up,,
i always #support you
thanks a lot
Thank you @mann
Thanks for the compliment :D
Many governments take a decision to make the crypto currency as the main currency for business . they are right to take this decision coz if we observe the online marketting the crypto currency is now on the top for the business