Bank of Israel is reportedly set to start its CBDC pilot and they might go with Ethereum as the base blockchain on top of which it would work. The central bank reportedly did its first trial using blockchain but there is no confirmation from the Israeli Central Bank if Ethereum indeed would be a part The post Israel Looking at Ethereum Blockchain For...
Mossad has put out a job listing to hire a bitcoin and crypto expert with three years plus experience in FinTech. According to the job requirement, anyone to occupy this current position must understand the technologies that drive the industry. In addition, he must be an expert in e-commerce, digital currencies, fintech, and DEF....
It's not known as of press time which are the main objectives of the intelligence agency by hiring a crypto expert.
An Israeli draft bill seeks to demand that investors report bitcoin holdings above $61,000 to tax authorities, bitcoin advocates oppose.On Tuesday, a draft law was published by the Ministry of Finance of Israel that would demand investors there to report bitcoin holdings more significant than $61,000 to...
The newly launched service enables slippage-proof safe token swaps.
The newly launched Atomic Safe Swap is the world's first secure peer-to-peer token swap service.
Bitcoin gives Palestinians a powerful avenue for peaceful protest, and the opportunity to find sovereignty among oppressive economic policies.One day last week I spoke to a Bitcoin user inside the Gaza Strip.He asked to remain anonymous and go by the name Uqab — the Arabic word for “eagle” — as he took a large personal risk to talk to me.We...
A news piece regarding an Israeli sovereign fund investing $2.3 billion in Bitcoin (BTC) turned out to be fake. The news gained a lot of mainstream attention due to Yahoo news sharing it. Later it was found that Yahoo used another Twitter source to broadcast the news, leading to the mix-up. Israeli Consulate of the The post The Truth Behind Israeli Consulate "$2.3B...
NFT mania has hit the Israeli parliament as Isaac Herzog, the 11th President of Israel would receive the digital blockchain certified version of the first draft oath. Herzog is all set to take charge after 87 Knesset members voted for him. The incoming president would receive Non-Fungible Token (NFT) of the original Presidential oath signed The post Israel's Incoming President to get Presidential...
A report from Israel-based Globes today stated that the apex bank of Israel plans to internally test its upcoming digital shekel on the Ethereum blockchain. Issuing stablecoins on...
Israel is the latest country to admit it’s been working in a Central Bank Digital Currency for a few years now. While giving a conference in the Fair Value Forum, Bank of Israel Deputy Governor Andrew Abir said that the institution he represents already ran a pilot program for the digital shekel. More than that, he confirmed that the Israeli CBDC already exists....
The central bank has no plans to launch a digital fiat yet.
2020 brought Bitcoin and other cryptocurrencies to the forefront of finance. Corporations have been buying, hedge funds are swapping gold for BTC, and banks and brands have taken a "can't beat 'em, join 'em" stance against the emerging asset class. However, according to The Bank of Israel's plan, the central bank...
Silver Castle shareholders will receive a 75 percent stake in the merged entity.
Both companies have collaborated to launch the first digital securities exchange in Israel.
The company is aiming to launch the platform in May 2021.
Crypto profits are taxed at 25 percent in the country as capital gains.
Proof-of-stake consensus requires network validators to stake digital currencies for validations.
News 