Israel central bank teams up with Hong Kong to test retail digital currency
Bank of Israel partnered with the Hong Kong Monetary Authority and the Bank for International Settlements to test the feasibility of a digital shekel for retail use.
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CoinGeek Weekly Livestream: Unbounded Capital’s Zach Resnick talks trading, investing opportunities in Bitcoin
Unbounded Capital co-founder Zach Resnick joins the latest episode of the CoinGeek Weekly Livestream to talk about his experience in trading and managing people's money that led him to investing.
Bank of Israel remains unsure of CBDC even amid public support
The public said that a digital shekel would reduce reliance on cash and advance the fintech industry, but the BOI has still not decided whether it will issue the CBDC.
Bank of Israel issues draft guidelines for digital asset AML, CFT
The central bank’s guidelines will potentially open up the banking system to the nascent sector, with banks not allowed to issue sweeping refusals to VASPs.
Israeli authorities seize digital assets tied to Hamas terror group
According to the country’s Defense Ministry, the seizure has dealt a big blow to the group which has turned to digital assets as Israeli authorities continue to crack down on the group’s funding channels.
Israel is stepping up CBDC efforts, central bank governor says
Governor Amir Yaron considers central bank digital currencies are the future of finance and will give central banks an effective monetary policy tool as the payments paradigm shifts.
Celsius CFO Shalem’s arrest confirmed in Israel, adding to customer concerns
News reports have emerged that solidify arrest rumors surrounding Celsius Network CFO Yarom Shalem in Tel Aviv, allegedly in relation to investor fraud worth tens of millions of U.S. dollars.
Israel to impose new AML rules on digital currencies
Israel will extend the anti-money laundering and combating the financing of terrorism rules to digital currencies to deter crime and give the industry legal recognition, the country’s AML chief says.
Israeli police arrest soccer club owner over alleged digital currency scam
Beitar Jerusalem football club owner was among those arrested over allegedly defrauding millions of shekels from investors, but he has denied the charges.
Israel new draft bill seeks reporting for digital currency holdings above $61K
The bill is seeking to increase the amount of tax the Israeli government collects from the industry, but several leaders in the space are already up in arms against it.
Bank of Israel official confirms digital shekel plans
Andrew Abir said the bank had begun piloting the digital currency, though was keen to downplay suggestions that a wider launch was imminent.
3 Israeli ICOs that raised $250M were scams: ex-employees lawsuit
Sirin Labs, Stox and Leadcoin raised over $250 million in their respective token sales, but according to the employees, the operators directed the funds to their own personal expenses.