Israeli Consulate in Shanghai: Israel Investment Fund Group has bought $2.3 billion in Bitcoin7/13/2021 Another giant crocodile buys Bitcoin! On July 12, 2021, the official account of the Israeli consulate in Shanghai, China @Israel in China posted on Weibo, saying that the Israeli Investment Fund Group: We have invested 2.3 billion US dollars in Bitcoin. The Israel Investment Fund Group stated today that as part of a portfolio diversification policy, we had invested US$2.3 billion in Bitcoin, which is part of a global strategy to lead Israel towards the future of currency. Who is Israel Investment Fund Group? According to the official website of Israel Investment Fund Group, Israel Investment Fund Group is a private investment company that only invests in Israeli start-ups, early-stage companies, and assets. It targets and invests in some of the most valuable Israeli companies—an opportunity for the future. Israel Investment Fund Group cooperates with other investment groups and funds at different investment stages to develop unique, dynamic, and strategic opportunities in Israeli start-ups and investment ecosystems. The Israel Investment Fund Group also stated that it had established relationships with several top incubators in Israel, several members of the Knesset, and essential institutions of the Israeli government. According to Yahoo Finance, Israel Investment Fund Group also manages the Israeli sovereign wealth fund. However, it is worth noting that the earliest source of this news came from a Hebrew tweet posted by the account ageism. After Yahoo Finance reported, his account has been banned by Twitter. Encryption practice in Israel
As a world-renowned country of innovation, Israel is at the forefront of the cryptocurrency industry. For example, Simplex, a well-known crypto payment company, is from Israel; the Bank of Israel is testing the issuance of digital shekels with Ethereum technology. The Israeli Investment Fund Group's purchase of $2.3 billion in Bitcoin came when Israeli security forces began to target and seize the use of cryptocurrency accounts of the Palestinian Hamas organization. On July 8, the Israeli Ministry of Defense discovered a wallet network containing BTC and other cryptocurrencies. They claimed that Hamas was using cryptocurrency to raise funds for its military department. Law enforcement officials seized 150 such accounts with more than $7.7 million worth of money. Cryptocurrencies, including Bitcoin, Ethereum and Dogecoin, etc., are allegedly used by Hamas for money laundering. On July 7, the Knesset issued the NFT of the manuscript of the presidential oath, which will be handed over to the incoming President Isaac Herzog before he takes office. The President will be responsible for the custody of the NFT during his tenure, and the NFT will be stored in an encrypted hardware wallet that is disconnected from the Internet. On June 23, the Bank of Israel used Ethereum technology to conduct an internal trial operation of the digital shekel. The Israeli "Globe" quoted Andrew Abir, deputy bank of Israel's central bank, revealing that the central bank of Israel is testing the legal digital currency Digital Shekel (Shekel is the Israeli currency new shekel) on Ethereum. The Central Bank of Israel stated that it is currently studying the necessity of Digital Shekel and its impact on the financial sector and believes that digital currency will not only have a significant impact on the payment market but also on the entire financial market, including the cryptocurrency and blockchain sector and the banking system. Influences.
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