Israel’s Ministry of Finance Proposes New Guidelines for Regulating Digital Assets

  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 56 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 63%

المملكة العربية السعودية أخبار أخبار

المملكة العربية السعودية أحدث الأخبار,المملكة العربية السعودية عناوين

Israel’s Ministry of Finance has published new proposals for regulating digital assets, including legislating licensing powers and supervision over the issuance of backed digital assets, including stablecoins. LizKNapolitano reports

Monday for the regulation of digital assets, advancing the country’s foray into the world of cryptocurrencies.

The recommendations call for the creation of a new regulatory infrastructure, legislating licensing powers and supervision over the issuance of backed digital assets, including stablecoins, and the provision of financial services through them. The recommendations also call for legislation to be passed that would transfer supervision over digital assets “that have a significant stability or monetary effect” to the Bank of Israel.

The guidelines also include a proposal for allowing the payment of taxes on crypto held abroad through the Bank of Israel. In addition, the proposal would establisy an inter-ministerial committee to oversee the regulation of decentralized autonomous organizations . The taxation of cryptocurrencies comprises a major part of the proposal. According to Israel’s tax authority, uncollected crypto taxes from 2019 to 2022 could amount to several billion shekels .

Israeli officials have been dipping their toes into the digital asset industry in recent months. In October, the Tel Aviv Stock Exchange revealed it was looking into establishing a blockchain-based

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

LizKNapolitano lol the timing post SBF blow up.

LizKNapolitano This is good news for the crypto world

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 291. in SA

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

China’s Finance Ministry: Will extend tariff exemptions on some US productsChina’s Finance Ministry said on Monday that they will extend tariff exemptions on some imported products from the United States until May 31 next yea
مصدر: FXStreetNews - 🏆 14. / 72 اقرأ أكثر »