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Israel

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...
Israeli court gives green light to seize digital assets in 150 blacklisted wallets
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22 December, 2022

Israeli court gives green light to seize digital assets in 150 blacklisted wallets

Investigators allege that the wallets are linked to Hamas, a group which Israeli authorities, the European Union, the U.K., and...
Israel’s chief economist recommends sweeping digital asset guidelines
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2 December, 2022

Israel’s chief economist recommends sweeping digital asset guidelines

Shira Greenberg called for wider powers to be given to the supervisor of financial service providers and opined to create...
Israel taps blockchain tech for digital asset trading platform
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28 October, 2022

Israel taps blockchain tech for digital asset trading platform

Israel's stock exchange ventures in digital asset trading under a new platform that utilizes blockchain technology, which it says will...
Israel utilizes blockchain for digital bonds issuance
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22 October, 2022

Israel utilizes blockchain for digital bonds issuance

Attorney General Yali Rothenberg confirmed that the move to explore the use of blockchain is to open the nations to...
Sweden central bank partners with Israel, BIS on ‘Project Icebreaker’ CBDC test
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7 October, 2022

Sweden central bank partners with Israel, BIS on ‘Project Icebreaker’ CBDC test

Sveriges Riksbank is also partnering with Norway in Project Icebreaker to test the viability of CBDCs in international retail and...
Bits of Gold secures Israel’s landmark capital markets license
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28 September, 2022

Bits of Gold secures Israel’s landmark capital markets license

Digital assets will soon be accessible to more Israelis following the endowment of the first capital markets license to a...
Israel financial regulator grants first ‘crypto’ license to local firm
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14 September, 2022

Israel financial regulator grants first ‘crypto’ license to local firm

Israel is slowly embracing digital assets, issuing its first-ever permanent 'crypto' license to a native firm, in line with its...