Tel Aviv, Israel is one of the most vibrant cities in the world, and it has become a major hub for cryptocurrency businesses. In recent years, Tel Aviv has been at the forefront of innovation in the crypto space—including hosting some of the largest conferences and exhibitions.
One major event held annually in Tel Aviv is BlockchainIL—a conference that brings together blockchain professionals from around the world to discuss new technology developments, regulations and trends. The city also hosts numerous hackathons focusing on blockchain-based applications throughout the year.
The Israeli Securities Authority (ISA) recently approved Initial Coin Offerings (ICOs) as an investment tool for investors within certain criteria, making it easier for startups to raise funds through token sales. The ISA also created a framework for regulating digital assets such as cryptocurrencies and ICOs, recognizing their potential but maintaining tight control over them with strict rules about who can offer tokens and when they can be traded on exchanges.
Tel Aviv is home to many cryptocurrency-focused companies ranging from blockchain development firms to venture capital funds investing in innovative projects using distributed ledger technology (DLT). There are several well established cryptocurrency exchanges based there including BitsofGold which specializes in Bitcoin trading while eToro’s multiasset platform allows users to buy or sell stocks as well as CFDs across cryptocurrencies such as Ethereum or Litecoin along with other traditional assets like gold or oil futures.
Finally, due to its proximity with neighboring countries like Jordan and Lebanon where access to financial services may be limited; Tel Aviv has become a gateway into those markets allowing people living outside Israel access to crypto currency investments without relying on banks or other traditional infrastructure solutions which can often take longer timespan before transactions are settled properly.
