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How Israel and Palestine Are Using Bitcoin and BlockchainIsrael's Capital Markets, Insurance and Savings Authority granted a first permanent license to a private company, Hybrid Bridge Holdings Ltd. Defense Minister Yoav Gallant on Tuesday revealed that Israel has seized digital wallets linked to Iran's Islamic Revolutionary Guard Corps'. In Israel, individuals are permitted to exchange cryptocurrency for the local fiat currency (NIS). There are currently no cryptocurrencies that are backed by.