Israel Financial News
20.04 / 07:55
Provident
Twitter
Digital
Platform
Software
TikTok
Bitcoin
Twitter Rolls Out Bitcoin Price Quotes
The addition of Bitcoin price quotations to Twitter's social media platform occurred around the 18th of April. The price quotations are provided by the charting platform TradingView, however they are only accessible for the price of Bitcoin. Price quotes for other major cryptocurrencies are not provided. The accompanying Bitcoin price chart includes a link that users may use to purchase or sell Bitcoin on the Israeli cryptocurrency market known as eToro. In addition, a caution that reads «Your Capital Is At Risk» is shown beside the chart that displays the price of bitcoins.
19.04 / 22:05
Provident
BTC
Twitter
Target
Platform
CME
Bitcoin
Support
Bitcoin Price Prediction as BTC Slips Under $29,000 Support – Where is the Next BTC Target?
As Bitcoin's price dips below the $29,000 support level, market observers and investors are keen to forecast the cryptocurrency's next target. In this Bitcoin price prediction article, we will examine the factors contributing to the recent decline and analyze potential scenarios for BTC's future trajectory.
19.04 / 11:27
Blockchain
CBDC
Adoption
Bank of England
BIS
BIS, Bank of England conclude DLT settlements pilot
The Bank of England and the Bank for International Settlements (BIS) Innovation Hub London Center have tested a distributed ledger technology-powered settlements system between the institutions. The insights of the project will be used by the Bank of England in its real-time gross settlement (RTGS) system.
18.04 / 16:43
Blockchain
Twitter
Bitcoin
BTC price quotes now live on Twitter following eToro partnership
On or about Apr. 18, Twitter rolled out Bitcoin (BTC) price quotes on its social media platform, which can be viewed using its search tool.
18.04 / 04:37
Stablecoin
CBDC
Adoption
Israel’s central bank says CBDC could be issued if stablecoin use increases
The Bank of Israel says it's preparing an action plan for the potential issuance of a central bank digital currency (CBDC),though a formal decision has yet to be made.
17.04 / 15:31
SEC
Fashion
DApp
Bitcoin
Today in Crypto: Bhutan 'Cultivated a Secret Crypto Portfolio', Amber Group May Sell Its Japan Unit, Bank of Israel Mulling a Digital Shekel
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________
28.03 / 12:31
markets
Stablecoin
Binance
CFTC
Altcoin
Binance Coin
Drop
Binance-CFTC FUD puts BNB price at risk of drop toward $200
BNB (BNB) looks set to wipe out its March gains entirely as investors turn their attention to the latest regulatory crackdown on Binance, the world's leading crypto exchange by volume.
23.03 / 01:55
business
Europe
eToro
Deal
eToro raises $250M after terminating SPAC deal
Trading platform eToro has secured $250 million in funding at a $3.5 billion valuation, the company announced on March 21. The Israel-based firm raised capital for the first time since 2018 after failing to go public last year through a special purpose acquisition company (SPAC) merger.
15.03 / 18:00
business
Adoption
regulation
Central Bank
Cross-border
CBDCs could provide smooth cross-border payments, says Bank of Israel official
At Tel Aviv FinTech Week 2023, Yoav Soffer, the advisor to the deputy governor at the Bank of Israel, touched on the topic of central bank digital currencies (CBDCs) as an efficient cross-border payment option.
15.03 / 13:41
UPS
Lowe's
Twitter
Digital
Platform
Here’s what crypto-firms are up to following the U.S Banking crisis
The recent turmoil in the U.S. banking industry has left crypto-companies searching high and low for new partner banks. Last week, Silvergate Capital, Silicon Valley Bank, and Signature Bank all shut down following regulatory intervention. This forced many users to move their assets elsewhere.
15.03 / 13:15
UPS
Provident
Digital
Cross-border
Central banks conclude cross-border CBDC experiment, Project Icebreaker
In the tests, a cross-border transaction is broken down into two domestic payments, facilitated by a foreign exchange provider active in both domestic systems. In most existing cross-border payment systems, the payer has no choice regarding the exchange rate, as it has no control on who the provider of foreign exchange conversion is.
08.03 / 17:29
business
Technology
Adoption
exchanges
Middle east
stock exchange
Tel Aviv Stock Exchange’s crypto trading proposal a ‘closed-loop system’
When the Tel Aviv Stock Exchange (TASE), the only public stock exchange in Israel, announced that it drafted a proposal for regulation-friendly crypto trading on Feb. 27, it echoed across the crypto industry as a step forward for crypto adoption. However, some experts have framed the proposal as a somewhat underwhelming update to the current crypto landscape in Israel.
07.03 / 23:49
COST
CBDC
Digital
Action
BIS
Bitcoin
Cross-border
BIS Completes Successful Pilot Study of Central Bank Digital Currencies for Cross-Border Payments
The Bank for International Settlements (BIS) has completed a pilot study of the use of central bank digital currencies (CBDCs) for cross-border payments in collaboration with central banks in Norway, Sweden, and Israel.
06.03 / 19:35
business
CBDC
transactions
Central Bank
BIS
retail CBDC
BIS wraps exploration project on retail CBDC payment system
The Bank for International Settlements, or BIS, has reported it has concluded a project exploring international retail and remittance payments use cases for central bank digital currencies, or CBDCs, with the central banks of Israel, Norway and Sweden.
06.03 / 19:13
Binance
SEC
MasterCard
Legal
Today in Crypto: ByBit Announces Card, PancakeSwap to Launch V3 on BNB Chain, Egypt Arrests 29 Scammers, Pakistan Banks' Association to Develop a Blockchain-based KYC Platform
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today's crypto news.__________
06.03 / 19:13
NFT
NFTS
Non-fungible tokens
Tax
Tax Authority
tax evasion
Israel's Tax Authority Probes NFT Creators Over Alleged Tax Evasion
Israel Tax Authority has arrested two NFT creators for charges of tax evasion and money laundering after allegedly failing to report $2.2 million in sales throughout 2021.
06.03 / 13:27
UPS
Provident
Digital
Cross-border
Central banks conclude cross-border CBDC experiment, Project Icebreaker
In the tests, a cross-border transaction is broken down into two domestic payments, facilitated by a foreign exchange provider active in both domestic systems. In most existing cross-border payment systems, the payer has no choice regarding the exchange rate, as it has no control on who the provider of foreign exchange conversion is.
01.03 / 06:29
regulation
stock exchange
Tel Aviv Stock Exchange moves toward offering crypto trading
A draft for the approval of an expansion of crypto trading activities to non-banking members has been published by the Tel Aviv Stock Exchange (TASE) for public comments.
27.02 / 20:25
Ethereum
G20
Charity
DApp
Chainalysis
Bitcoin
Customers
Today in Crypto: Tel Aviv Stock Exchange to Let Nonbank Members' Customers Trade Crypto, Two Hackers Arrested in France, $70M in BTC and ETH Donated to Ukraine
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________
24.02 / 18:05
Government
Adoption
Investments
us government
Pensions
Retirement
Bitcoin retirement plans elicit caution from regulators
Even as the crypto market continues to forge an impressive recovery from the 2022 bear market, the industry continues to attract the wrath of regulators worldwide, especially in the United States. Three U.S. financial watchdogs recently issued stern warnings to individuals looking to invest in retirement funds offering exposure to digital assets.
24.02 / 09:29
business
Investments
Aussies revealed as prime targets of Israel crypto scam syndicate
Australian residents have been identified as one the primary targets of a sophisticated network of cryptocurrency call-center scammers — which are suspected to be run by Israel-based crime bosses.
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