Israel

Digital shekel will compete with banks for deposits, payments: Bank of Israel
-
22 April, 2024

Digital shekel will compete with banks for deposits, payments: Bank of Israel

A digital shekel will force commercial lenders to up their game and offer better and cheaper services, according to the...
Israel completes blockchain-based bond tokenization pilot
-
26 March, 2024

Israel completes blockchain-based bond tokenization pilot

The Israeli Ministry of Finance recently published a report on Project Eden, which listed efficiency, transparency, and enhanced security as...
Israel proposes for digital shekel to bear interest
-
15 March, 2024

Israel proposes for digital shekel to bear interest

The Bank of Israel published a CBDC paper, which outlines a system in which CBDC wallets aren’t linked to banks...
AI innovation in the Middle East can match EU, North America, analysts say
-
7 February, 2024

AI innovation in the Middle East can match EU, North America, analysts say

While the Middle East is the leader in oil reserves, experts believe it will resort to a "follow the leader"...
US Treasury cracks down on coin mixing
-
24 October, 2023

US Treasury cracks down on coin mixing

The move was announced by the Financial Crimes Enforcement Network, identifying coin mixing operations as “a class of transactions of...
US lawmakers urge White House to stamp out digital asset terrorist financing
-
23 October, 2023

US lawmakers urge White House to stamp out digital asset terrorist financing

A bipartisan group of U.S. lawmakers wrote to the Treasury Department and the National Security Council, calling for the Biden...