News with the tag "SRA"

Get ready for a potential shake-up in the world of digital finance! Israel has just dropped the first glimpse of its very own central bank digital currency (CBDC), the Digital Shekel. This isn’t just another digital payment system; it’s a bold step towards transforming how Israelis handle money. Let...

The Bank of Israel has put forward a possible design for a central bank digital currency (CBDC) should the decision be made to introduce one in the future. The central bank described the proposed digital shekel (DS) as a "multipurpose CBDC", to wit it would be for both retail and wholesale use, in a...

The Bank of Israel’s latest report presents an “optimal” digital shekel design, though implementation will depend on collaboration with lawmakers and industry stakeholders. The Bank of Israel has unveiled a preliminary design for the digital shekel, but its launch will depend on further discussions ...

Google announced that it has updated the cryptocurrencies and related products policy in the UAE to clarify the scope and requirements for the advertisement of complex speculative financial products. As per Google’s policy update, starting February 26, 2025, advertisers offering cryptocurrency excha...

A report shared with crypto.news shows that one of the largest crypto exchanges received around $80 million in Tether’s stablecoin from Hamas-linked exchange. Four major cryptocurrency exchanges, including Binance and Gate.io , collectively received $78 million in Tether ( USDT ) through “indirect t...

Popular accounts on Japanese social media can’t get enough of Elon Musk’s D.O.G.E (Department of Government Efficiency) and talk about dismantling bureaucracy. Politicians in the land of the rising sun have also been praising the initiative, in spite of a glaring lack of focus on violent and wastefu...

Following the TRUMP meme coin’s $72 billion debut, the crypto market was hit with a flood of scams, as 6,800 fraudulent tokens and 91 fake dApps rapidly appeared, analysts say. What starts with a surge of excitement can quickly turn into chaos. The launch of the Official Trump ( TRUMP ) meme coin in...

Israeli cybersecurity companies raised $4 billion last year, doubling the previous year’s total with companies that offer cloud security needs and AI growth, as per YL Ventures. This was a big jump in overall global venture capital investments and put Israel at the forefront of cybersecurity innovat...

The Israel Securities Authority (ISA) just approved six Bitcoin mutual funds, all set to roll out on December 31. This is the first time Israeli investors will have access to Bitcoin-focused mutual funds. The funds, offered by Migdal Capital Markets, More, Ayalon, Phoenix Investment, Meitav, and IBI...

The global adoption trend for Bitcoin-related investment products continues to strengthen, with Six new mutual funds set to debut in Israel. According to a report by the Calcalist on Wednesday, Dec. 25, the Israel Securities Authority has given the green…