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Israeli government to fast-track fintech and blockcain licenses

August 20, 2019


The Capital Market, Insurance and Saving Authority division is dedicating industry teams, some of whom specialise in blockchain companies, to create local competition by increasing the number of licensed fintech companies across the country.

Around 2,000 fintech and blockchain companies are currently seeking licenses from the state regulator.

“Business and technological innovation and the relationship with the industry are the basic principles that guide the Authority in its operations,” says the division supervisor, Moshe Barkat.

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