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Israel
Bank of Israel weighs options for launching CBDC
Israel has decided against launching a digital shekel but remains open to its possible development, noting that global powers and...
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’
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
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
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
Retail CBDCs could solve cross-border friction, but Yaron admitted that several challenges remain, including enforcing AML rules and possibly pushing...
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