3 / 3 Relevant items tagged with #Israel

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Israel Seized $1.7M in Crypto From Iranian Military and Hezbollah With Chainalysis' Aid

[Jun 28, 2023 12:43 AM] Israel's government has seized $1.7 million in cryptocurrency from accounts linked to the Iranian military and the Iran-backed Hezbollah militant group in Lebanon.

Israeli crypto entrepreneur joins privacy-focused project amid fraud allegations

[Jun 14, 2023 10:00 AM] Moshe Hogeg said he was a “small” but “significant” part of the Tomi team, handling a network solution that seemed to allow transactions of ERC-20 tokens without an Etherscan record.

Etoro to Delist ALGO, MANA, DASH, and MATIC for US Customers Amid ‘Evolving Regulatory Landscape’

[Jun 12, 2023 10:30 PM] The social trading and investment company Etoro declared on Monday that starting July 12, 2023, U.S. customers would be unable to initiate new trades for ALGO, MANA, DASH, and MATIC. The company cited the “rapidly evolving regulatory…

Tel Aviv Stock Exchange completes proof of concept to tokenize fiat and bonds

[Jun 7, 2023 11:17 AM] In its proof of concept, TASE minted the first ERC-1155 security token representing a dummy digital government bond.

Israel Has Seized 190 Binance Accounts With Alleged Terrorist Ties Since 2021: Reuters

[May 4, 2023 7:45 PM] Israeli authorities say the accounts on crypto exchange Binance belonged to individuals affiliated with Daesh and Hamas.

Israel's Central Bank Outlines Scenarios for Issuing a Digital Shekel

[Apr 18, 2023 2:13 AM] The bank made it clear that no decision has yet been made on issuing a central bank digital currency.

Israel’s central bank says CBDC could be issued if stablecoin use increases

[Apr 17, 2023 10:28 PM] The Bank of Israel does not want private companies taking over the digital payments system in the country.

CBDCs could provide smooth cross-border payments, says Bank of Israel official

[Mar 15, 2023 8:20 AM] Yoav Soffer, the advisor to the deputy governor and CBDC project manager, spoke at Tel Aviv FinTech Week, explaining how a recent CBDC experiment proved efficient in cross-border transactions.

Tel Aviv Stock Exchange’s crypto trading proposal a ‘closed-loop system’

[Mar 8, 2023 8:01 AM] Israeli crypto users will soon have a new means of regulated crypto trading, but the local ecosystem is not convinced that this is what the crypto industry needs.

BIS Releases Report On ‘Project Icebreaker’ — Develops Cross-Border Retail CBDC Payment Model

[Mar 8, 2023 2:30 AM] The Bank for International Settlements (BIS) has released a report summarizing the “Project Icebreaker” trial, which explored the potential advantages and difficulties of utilizing a retail central bank digital currency (CBDC) in…

NFT Creators Investigated in Israel for Alleged Tax Evasion

[Mar 6, 2023 1:30 AM] Israel’s tax authority is after two creators of non-fungible tokens (NFTs) suspected of failing to report almost $2.2 million in revenue. The news of the investigation comes after the recent arrest of a graphic designer from Tel Aviv accused…

Tel Aviv Stock Exchange moves toward offering crypto trading

[Feb 28, 2023 9:25 PM] Israel's sole public stock exchange wants to allow its clients to trade crypto but is facing regulatory resistance.

Tel Aviv Stock Exchange Takes Steps to Allow Crypto Trading

[Feb 28, 2023 5:30 PM] Israel’s public stock exchange is suggesting regulatory amendments that would permit some clients to trade crypto assets. The proposals, which have been put forward for public consultation, come at the backdrop of a growing number of regulated…

Israeli Startup Chain Reaction Raises $70 Million to Build Blockchain Silicon

[Feb 25, 2023 1:00 AM] Chain Reaction, a Tel Aviv-based blockchain startup, announced it has raised $70 million as part of its Series C funding round. The objective of the company is to expand its engineering staff to accelerate the production of its blockchain-focused…

Israeli startup to create blockchain chips with $70M of fresh funds

[Feb 23, 2023 5:20 AM] The Israeli startup Chain Reaction raised $70 million in its pursuit of developing blockchain chips.

Proposed Israeli law to classify crypto as securities will 'kill the industry'

[Feb 8, 2023 8:06 PM] A proposed definition change by an Israeli regulator would cause immense harm to the local crypto industry, according to the CEO of Altshuler Shaham Horizon.

Starkware Plans to Open Source Key Tech Linked to Starknet Prover

[Feb 6, 2023 1:30 AM] At the Starkware Sessions 2023 event, held at the Cameri Theatre in Tel Aviv, Israel, Starkware co-founder Eli Ben-Sasson informed the audience that the company intends to open source “key tech” linked to the Starknet Prover. During the…

Israel’s Securities Watchdog Seeks to Regulate Crypto Assets

[Jan 6, 2023 2:30 AM] The body overseeing the securities market in Israel is taking steps to incorporate rules for digital assets into the existing legislation. The regulator released a draft proposal to introduce the changes that would define the legal status of…

Israeli court rules authorities can seize crypto in 150 blacklisted wallets

[Dec 18, 2022 9:04 PM] Over 150 crypto wallets blacklisted for alleged links to the funding of terror groups can now be drained of all funds following a ruling by an Israeli court.

Crypto hotspots continue to thrive despite FTX collapse

[Dec 13, 2022 9:39 AM] Crypto-friendly cities throughout the world report growth and innovation despite recent events.

Tokenized government bonds free up liquidity in traditional financial systems

[Nov 28, 2022 9:33 AM] There are a number of benefits associated with tokenized government bonds, yet adoption may take time.