The operator of Israel’s public equity trading platform has also been working on setting up a blockchain-based digital asset trading platform.
Israeli startup to create blockchain chips with $70M of fresh funds
The Israeli startup Chain Reaction raised $70 million in its pursuit of developing blockchain chips.
Israel’s Central Bank Proposes Rules for Stablecoins Including 100% Reserve Requirement
The recommendations target consumer protection, risk management and prudential requirements, the Bank of Israel said.
Proposed Israeli law to classify crypto as securities will ‘kill the industry’
A proposed definition change by an Israeli regulator would cause immense harm to the local crypto industry, according to the CEO of Altshuler Shaham Horizon.
Israeli court rules authorities can seize crypto in 150 blacklisted wallets
Over 150 crypto wallets blacklisted for alleged links to the funding of terror groups can now be drained of all funds following a ruling by an Israeli court.
Crypto hotspots continue to thrive despite FTX collapse
Crypto-friendly cities throughout the world report growth and innovation despite recent events.
Tokenized government bonds free up liquidity in traditional financial systems
There are a number of benefits associated with tokenized government bonds, yet adoption may take time.
Tel Aviv Stock Exchange to create crypto platform
The five-year plan includes tokenizing various classes of digital assets and smart contracts.
Israel kicks off live tests for its tokenized digital bonds
Israel’s Ministry of Finance and the Tel Aviv Stock Exchange expect to finish the pilot project by Q1 2023.
Israel puts the brakes on cash to spur digital payments
It’s believed that Israel will neither be the first nor last country to impose such measures.
DeFi crypto wallet aims to decentralize inheritance of crypto and NFTs
Kirobo’s new inheritance solution allows users to generate and execute an automated last will without the need for lawyers, government authorities, or any other centralized entity.
Two credit card firms in Israel to let cardholders buy Bitcoin
Two Israel-based credit card companies, Max and Isracard, have started working on Bitcoin investment and cashback solutions via a credit card.
This week’s Law Decoded: Is depegging a real threat to financial stability?
Janet Yellen calls on lawmakers to develop a consistent federal framework for stablecoins, Hester Peirce urges to allow room for failure and more.
Bank of Israel claims ‘public support’ for its CBDC project
Stakeholders believe that the digital shekel would boost competition, but remain divided on the matter of privacy.
Top Israeli bank to accept BTC and ETH trading through Paxos’ collaboration
Pepper Invest users can now buy, sell, and hold Bitcoin and Ethereum subject to regulatory approval.
Bank of Israel issues draft guidelines on cryptocurrency AML/CFT
Private banks could be required to conduct risk assessments on case-by-case basis.
Israeli authorities seize Hamas linked crypto accounts
The Israeli government has confiscated 30 crypto wallets from a small exchange based in Gaza, where the Hamas terrorist group has bolstered its military.
Binance stopped ‘all activities focused on Israel’ following regulatory request: Report
“Following the intervention of the capital market, Binance has at this stage stopped marketing to Israelis and all activities focused on Israel until we examine the issue of licensing,” said the Capital Markets Authority.
Israel reportedly adopts new AML rules for crypto
The Israeli government is now reportedly in the process of reviewing several crypto firms to issue operating licenses.
Israeli gov’t seeks to track crypto holdings above $61K
Framed as a “war against black capital,” Israel’s Ministry of Finance estimates the new legislation could bring in $9.2 million in additional state revenues through tax.