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Israel’s Defense Minister Benny Gantz has ordered the seizure of cryptocurrency funds raised by the Palestinian Islamist movement Hamas. His department has reportedly started taking control over digital wallets used by the terrorist group to collect crypto donations from abroad. Defense Ministry of Israel Targets Crypto Addresses Used by Hamas Minister Gantz approved the seizure … Read more
Hamas’ efforts to raise funds via crypto had reportedly accelerated following the 11-day war between Israel and the organization in May of this year. Go to Source Powered by WPeMatico
Israel’s parliament, the Knesset, has become the first national legislature to release a non-fungible token. The special NFT has been created for the country’s new president, Isaac Herzog, who took office this week after his election in early June. Knesset Becomes First Parliament to Issue NFT Isaac Herzog received the token right before his inauguration … Read more
The NFT is a digital representation of the oath of office signed by Israel’s sixth president, Chaim Herzog, who is the father of President-elect Isaac Herzog. Go to Source Powered by WPeMatico
Yonni Assia believes that unprecedented retail investor interest will push regulators to be more proactive about crypto regulation. Go to Source Powered by WPeMatico
The Palestine Monetary Authority is exploring the possibility of issuing its own digital currency. For Palestinians, the minting of a national coin would represent a step, at least a symbolic one, towards achieving monetary independence from the State of Israel. Digital Currency to Help Palestinians Cope With Israeli Restrictions Palestinians are currently conducting two studies … Read more
Analysts note that the occupied territories’ macroeconomic and political conditions don’t allow for a digital currency to operate as a means of exchange but stress its potential value at a symbolic level. Go to Source Powered by WPeMatico
The Bank of Israel has experimented with using Ethereum and nonfungible tokens for a pilot as part of its ongoing digital shekel research, a local report claims. Go to Source Powered by WPeMatico
The JewCoin DAO Ecosystem, already notorious in the cryptocurrency market, is progressively developing. Last week, representatives of JewCoin, the first kosher DAO ecosystem, presented Israeli Finance Minister Avigdor Lieberman with a certificate for owning a unique NFT Digital Hamsa crypto amulet. NFT JewCoin DAO certificate for Avigdor Lieberman. We have to admit that the JewCoin … Read more
Despite the pilot, the central bank’s deputy governor said he was apprehensive about launching a full-scale CBDC in Israel, and referred to Bitcoin as a “pyramid scam.” Go to Source Powered by WPeMatico
