Israel's tech scene warms to crypto payments
From blockchain expertise to evolving regulations, Israel’s tech ecosystem is helping normalize crypto payments, including for online poker and digital entertainment.
Banking & Finance
The Governor warns: 'Unrestrained defense budget will lead to an increase in deficit and inflation'
Why Americans save for retirement but put off writing a will
Insurance Report: 17,000 inquiries annually, NIS 21.5m. returned to the public
The analyst predicting Bitcoin will surge to $1 million
While the AI train burns billions and shows future data center lease commitments exceeding $1 trillion, some experts are convinced the ultimate winner will actually be the digital currency.
High-tech workers, doctors leaving: Emigration wave hits Israel’s top income decile
Emigration rate among wealthy population nearly doubled compared to previous years, Tax Authority estimates potential tax loss at roughly NIS 700M.
War profits: El Al doubles profit and Bezeq jumps 38%
Despite war and a weak dollar, El Al doubled profit to $132m with a $1.4b order backlog. Bezeq profit jumped 38% and will distribute NIS 515m.
Your Taxes: How Israel taxes SAFE investments in hi-tech startups
Israel’s tax rules can keep SAFE investment discounts untaxed, but startups and investors must meet strict conditions on equity, discounts, transfers and share sales.
Your Investments: Giving should be part of your financial plan, not an afterthought
Many people want to give more but never budget for it. Treating tzedakah as a fixed expense can turn good intentions into lasting generosity and better financial habits.
July spending record: Daily average reached NIS 1.771 Billion
Shva data for July points to a 5.8% surge in charge card spending compared to last year, reaching NIS 54.857 billion. Meanwhile, cash withdrawals from ATMs climbed to a record NIS 6.057 billion.
