Israel Will Ban Cash Payments Over $4,400 on Monday
Beginning on Monday, citizens of Israel will no longer be able to use cash for transactions larger than $4,400 or $1,760, depending on the entity that they are transacting with....
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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.
Public Consultations Reveal Positive Interest in Bank of Israel’s Digital Shekel
A survey carried out by the central bank of Israel has returned mostly positive responses from stakeholders regarding the possible issuance of a digital shekel currency. Many of the participants…
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.
Bank of Israel: Adoption of CBDC Will Not Materially Affect the Banking System
Israel’s central bank says the public’s adoption of the digital shekel is not expected “to materially affect the banking system.” The bank, however, warns that any issuance of such digital…
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.