Israel

eToro raises $250M in funding following stellar 2022 financial year
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26 March, 2023

eToro raises $250M in funding following stellar 2022 financial year

eToro recorded impressive gains in 2022 amid an extended bear market, earning $631 million in commissions and logging 2.8 million...
BIS wraps up cross-border retail CBDC ‘Project Icebreaker’
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9 March, 2023

BIS wraps up cross-border retail CBDC ‘Project Icebreaker’

The Bank for International Settlements’ "Project Icebreaker" project delved into the benefits and risks of launching retail central bank digital...
Tel Aviv Stock Exchange mulls allowing non-bank members to offer digital asset services
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3 March, 2023

Tel Aviv Stock Exchange mulls allowing non-bank members to offer digital asset services

Israeli NBMs may soon be allowed to offer digital currency trading services as TASE seeks to develop the nation's capital...
Bank of Israel reveals plan for proposed stablecoin regulation, supervision
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28 February, 2023

Bank of Israel reveals plan for proposed stablecoin regulation, supervision

Israel's proposed legislations in regulating stablecoins include restricting algorithmic stablecoins and uncollateralized assets, as well as "borrowing" the EU's MiCA...
Israel, Sweden, Norway collaborate on retail CBDCs to offer instant cross-border transactions
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26 January, 2023

Israel, Sweden, Norway collaborate on retail CBDCs to offer instant cross-border transactions

Retail CBDCs could solve cross-border friction, but Yaron admitted that several challenges remain, including enforcing AML rules and possibly pushing...
Israel’s securities watchdog calls for new legal structure targeting digital currencies
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8 January, 2023

Israel’s securities watchdog calls for new legal structure targeting digital currencies

The move will ensure uniformity across the board for financial instruments and will see digital currencies treated as securities, according...
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