Israel’s central bank says CBDC could be issued if stablecoin use increases
The Bank of Israel does not want private companies taking over the digital payments system in the country.
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The Bank of Israel does not want private companies taking over the digital payments system in the country.
Yoav Soffer, the advisor to the deputy governor and CBDC project manager, spoke at Tel Aviv FinTech Week, explaining how a recent CBDC experiment proved efficient in cross-border transactions.
Israeli crypto users will soon have a new means of regulated crypto trading, but the local ecosystem is not convinced that this is what the crypto industry needs.
The Israeli start up Chain Reaction raised $70 million in its pursuit to develop blockchain chips.
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.
Numerous Palestinians in the blockaded enclave of Gaza have lost their lives due to the Israeli-Palestinian conflict, while others are on the edge of survival. The total destruction of the…
There are a number of benefits associated with tokenized government bonds, yet adoption may take time.
The Tel Aviv Stock Exchange (TASE) – Israel’s sole equity and debt marketplace – now plans to establish a blockchain and digital asset-based trading platform. The exchange will focus on…
The five-year plan includes tokenizing various classes of digital assets and smart contracts.
Israel's Ministry of Finance and the Tel Aviv Stock Exchange expect to finish the pilot project by Q1 2023.