The Israeli’s government new anti-money laundering (AML) order for cryptoasset businesses took effect on November 14th 2021, which includes a licensing requirement for cryptoasset businesses.  The director of the Authority for Combating Terror Financing and Money Laundering, Shlomit Wagman, said this new framework will reduce criminal activity in the cryptoasset ecosystem while increasing the legitimacy of the industry.  Firms operating in the Cryptocurrency sector should ensure they read this updated regulation and ensure compliance with crypto regulations. 

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