Israel News

The Israeli government is now reportedly in the process of reviewing several crypto firms to issue operating licenses.

Framed as a “war against black capital,” Israel’s Ministry of Finance estimates the new legislation could bring in $9.2 million in additional state revenues through tax.

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.

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.

Yoni Assia believes that unprecedented retail investor interest will push regulators to be more proactive about crypto regulation.

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.

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.

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."

The bank has been exploring the introduction of a CBDC since 2017.

BNY Mellon, the oldest bank in the United States, continues to aggressively invest in the digital asset industry.

The platform said it plans to complete the acquisition before the third quarter of 2021.

The Israel Securities Authority has approved a request from Simetria to operate a digital bulletin board for investors ahead of its digital securities exchange launch.

Blockchain is changing how banks handle debt.

The pandemic-induced crisis is galvanizing new trends across all aspects of the global economy, including digital currencies.

At least 20 crypto executives and customers of an Israeli telecommunications company were targeted in a sophisticated SS7 attack last month.