Israel may want insurance companies and businesses to choose Bitcoin for investment purposes.

In a previous letter to regulators, Golden Financial said Israeli authorities said Bitcoin is an invaluable asset and that insurance companies and trading companies should be made aware of the investments associated with Bitcoin and highlight its needs. National financial authorities have toughened the rules on cryptocurrencies. In late July, the Treasury Department called for a bill that would require all cryptocurrency assets over $ 61,000 to be reported to tax authorities. A new financial protection law that applies to cryptocurrency providers will come into effect in November, according to a recent statement from the US Department of Justice. The justice ministry said financial authorities such as the investment ministry were involved in drafting the law. for In the past, digital currency companies Silver Castle and the Tel Aviv Stock Exchange (TASE) have announced that the first Bitcoin-related contracts in Korea will become a platform for siled private equity firms in TASE UP on the stock exchange. (Parts office)