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Israeli Crypto Industry Demands Regulatory Reform to Unlock Growth Potential

Israeli Crypto Industry Demands Regulatory Reform to Unlock Growth Potential

Published:
2026-02-10 09:04:02
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BTCCSquare news:

Israel's cryptocurrency sector is pushing for urgent regulatory reforms to address banking restrictions and tax policies that stifle innovation. With over 25% of the population having used crypto and 20% still holding digital assets, the industry's potential is undeniable. Yet, bureaucratic hurdles and conservative banking practices threaten to derail progress.

A KPMG study highlights the stakes: proper regulatory adjustments could generate 70,000 jobs and inject $38 billion into Israel's GDP. Without swift action, the risk of capital flight and talent drain looms large, jeopardizing Israel's position as a crypto innovation hub.

|Square

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