Will Israel become a Bitcoin nation?
From the article/podcast:
"Fried said the company was created to solve a practical problem facing Israeli investors. While Bitcoin adoption has expanded worldwide, Israeli banks remain cautious, often freezing accounts when customers attempt to move funds connected to cryptocurrency transactions. ZOOZ Strategy, he said, offers a regulated alternative, allowing Israelis to gain exposure to Bitcoin through shares purchased directly in shekels on the TASE.
“Israel is a startup nation, but when it comes to Bitcoin infrastructure, we are several years behind the US,” Fried said, arguing that institutional barriers have limited broader adoption."
This article from The Jerusalem Post features an interview with Jordan Fried, CEO of ZOOZ Strategy, discussing Israel's potential as a Bitcoin nation. Fried highlights ZOOZ Strategy's role in providing a regulated alternative for Israeli investors to access Bitcoin, as local banks remain cautious. The company has invested over $100 million in Bitcoin and is among the top 50 corporate holders globally. Fried emphasizes the need for improved Bitcoin infrastructure in Israel and expresses optimism about the country's economic future.
0 Comments