In what might seem like a pretty great news for crypto enthusiasts all around the world, Israel's government is working on a bill to change Bitcoin's status from asset to currency.

Oded Forer, one of the authors of the proposals added:

"The state of Israel has the ability to be among the leaders in digital currencies if it only recognizes the use of the blockchain as a currency for everything."

What do you guys think? If this will happen, will it have an important role towards greater crypto adoption?