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Israel

Israel tightens restrictions on cash use, encourages digital payments: report
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4 August, 2022

Israel tightens restrictions on cash use, encourages digital payments: report

Businesses can spend a maximum of 6,000 shekels (or $1,760) in cash payments, while individuals can spend a maximum of...
eToro downsizes global workforce citing market conditions
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12 July, 2022

eToro downsizes global workforce citing market conditions

The company cites the current market conditions as one of the reasons for the move; the layoffs will affect around...
Israel central bank teams up with Hong Kong to test retail digital currency
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21 June, 2022

Israel central bank teams up with Hong Kong to test retail digital currency

Bank of Israel partnered with the Hong Kong Monetary Authority and the Bank for International Settlements to test the feasibility...
CoinGeek Weekly Livestream: Unbounded Capital’s Zach Resnick talks trading, investing opportunities in Bitcoin
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17 May, 2022

CoinGeek Weekly Livestream: Unbounded Capital’s Zach Resnick talks trading, investing opportunities in Bitcoin

Unbounded Capital co-founder Zach Resnick joins the latest episode of the CoinGeek Weekly Livestream to talk about his experience in...
Bank of Israel remains unsure of CBDC even amid public support
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13 May, 2022

Bank of Israel remains unsure of CBDC even amid public support

The public said that a digital shekel would reduce reliance on cash and advance the fintech industry, but the BOI...
Bank of Israel issues draft guidelines for digital asset AML, CFT
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18 March, 2022

Bank of Israel issues draft guidelines for digital asset AML, CFT

The central bank’s guidelines will potentially open up the banking system to the nascent sector, with banks not allowed to...
Israeli authorities seize digital assets tied to Hamas terror group
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7 March, 2022

Israeli authorities seize digital assets tied to Hamas terror group

According to the country’s Defense Ministry, the seizure has dealt a big blow to the group which has turned to...
Israel is stepping up CBDC efforts, central bank governor says
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7 December, 2021

Israel is stepping up CBDC efforts, central bank governor says

Governor Amir Yaron considers central bank digital currencies are the future of finance and will give central banks an effective...
Celsius CFO Shalem’s arrest confirmed in Israel, adding to customer concerns
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29 November, 2021

Celsius CFO Shalem’s arrest confirmed in Israel, adding to customer concerns

News reports have emerged that solidify arrest rumors surrounding Celsius Network CFO Yarom Shalem in Tel Aviv, allegedly in relation...
Israel to impose new AML rules on digital currencies
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22 November, 2021

Israel to impose new AML rules on digital currencies

Israel will extend the anti-money laundering and combating the financing of terrorism rules to digital currencies to deter crime and...
Israeli police arrest soccer club owner over alleged digital currency scam
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21 November, 2021

Israeli police arrest soccer club owner over alleged digital currency scam

Beitar Jerusalem football club owner was among those arrested over allegedly defrauding millions of shekels from investors, but he has...
Israel new draft bill seeks reporting for digital currency holdings above $61K
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2 August, 2021

Israel new draft bill seeks reporting for digital currency holdings above $61K

The bill is seeking to increase the amount of tax the Israeli government collects from the industry, but several leaders...