Two credit card firms in Israel to let cardholders buy Bitcoin
Two Israel-based credit card companies, Max and Isracard, have started working on Bitcoin investment and cashback solutions via a credit card. Go to Source Powered by WPeMatico
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This week’s Law Decoded: Is depegging a real threat to financial stability?
Janet Yellen calls on lawmakers to develop a consistent federal framework for stablecoins, Hester Peirce urges to allow room for failure and more. Go to Source Powered by WPeMatico
Public Consultations Reveal Positive Interest in Bank of Israel’s Digital Shekel
A survey carried out by the central bank of Israel has returned mostly positive responses from stakeholders regarding the possible issuance of a digital shekel currency. Many of the participants in the public consultations support the continued development of the project, the regulator said. Bank of Israel Releases Results From Consultations on Digital Shekel Project … Read more
Bank of Israel claims ‘public support’ for its CBDC project
Stakeholders believe that the digital shekel would boost competition, but remain divided on the matter of privacy. Go to Source Powered by WPeMatico
Top Israeli bank to accept BTC and ETH trading through Paxos’ collaboration
Pepper Invest users can now buy, sell, and hold Bitcoin and Ethereum subject to regulatory approval. Go to Source Powered by WPeMatico
Bank of Israel issues draft guidelines on cryptocurrency AML/CFT
Private banks could be required to conduct risk assessments on case-by-case basis. Go to Source Powered by WPeMatico
Bank of Israel: Adoption of CBDC Will Not Materially Affect the Banking System
Israel’s central bank says the public’s adoption of the digital shekel is not expected “to materially affect the banking system.” The bank, however, warns that any issuance of such digital currency will likely result in a decline of the volume of the public’s deposits. Increase in the Banking System’s Interest Expenses Israel’s central bank, the … Read more
Israeli authorities seize Hamas linked crypto accounts
The Israeli government has confiscated 30 crypto wallets from a small exchange based in Gaza, where the Hamas terrorist group has bolstered its military. Go to Source Powered by WPeMatico
Binance stopped ‘all activities focused on Israel’ following regulatory request: Report
“Following the intervention of the capital market, Binance has at this stage stopped marketing to Israelis and all activities focused on Israel until we examine the issue of licensing,” said the Capital Markets Authority. Go to Source Powered by WPeMatico
Mandates Ban Unvaccinated From Visiting Banks in Multiple Countries, Australian Premier Says ‘There’s Going to Be a Vaccinated Economy’
Over the last few weeks, furious debates over Covid-19 and vaccine mandates have divided people into two classes. On December 21, one individual from Argentina explained in a forum that “banks in Argentina are not letting unvaccinated people inside.” The person said that whether people are for or against vaccines, the mandate was “nuts” and … Read more