📢 Israel is one step closer to extending tax benefits to its crypto sector! In a preliminary reading in the Knesset, a bill that would grant tax exemptions to foreign residents and reduce tax on crypto options for employees passed, and now awaits final approval 🥳 Here's why this matters:

- This bill would align Israel's crypto tax policies with those of tech firms, potentially attracting more investors and companies to the country 🚀

- It aligns with PM Netanyahu's economic policies and has widespread support from the coalition government 🤝

- Israel has been actively working to integrate crypto into its economy, with this bill signaling the country's clear embrace of the industry 💪

Do you think this makes Israel a future crypto powerhouse? Share your thoughts in the comments! 💬