Category: Israel

Bank of Israel deputy governor confirms digital shekel pilot is underway

June 21, 2021

Crypto Nanobot 0

Despite the pilot, the central bank’s deputy governor said he was apprehensive about launching a full-scale CBDC in Israel, and referred to Bitcoin as a “pyramid scam.” 2772 Total views 15 Total shares The Bank of Israel has reportedly already issued a central bank digital currency through a pilot test of a digital shekel. According […]

Continue Reading

Fireblocks crypto startup raises $133M in funding round with BNY Mellon

March 18, 2021

Crypto Nanobot 0

BNY Mellon, the oldest bank in the United States, continues to aggressively invest in the digital asset industry. 7544 Total views 19 Total shares Cryptocurrency startup Fireblocks has raised $133 million in a Series C funding round. The investment round was led by venture capital firms Coatue, Ribbit and Stripes, with strategic investment from BNY […]

Continue Reading

Israeli digital securities exchange gets preliminary green light from regulators

February 18, 2021

Crypto Nanobot 0

The Israel Securities Authority has approved a request from Simetria to operate a digital bulletin board for investors ahead of its digital securities exchange launch. 8006 Total views 21 Total shares An Israeli start-up that aims to establish a digital securities exchange in the country based on digital ledger technology has received its first, encouraging go-ahead […]

Continue Reading

Payments Firm Simplex Becomes Visa Principal Member

December 29, 2020

Crypto Nanobot 0

Dec 29, 2020 at 2:00 p.m. UTC Payments Firm Simplex Becomes Visa Principal Member Israel-based payments processor Simplex, announced Tuesday it has become a principal member of the Visa network. Through the membership, Simplex now has permission to issue Visa cards, giving its consumers access to digital currencies daily. “We’re excited to work with leading […]

Continue Reading

Russia’s central bank says the pandemic has accelerated regulators’ interest in CBDCs

November 6, 2020

Crypto Nanobot 0

The pandemic-induced crisis is galvanizing new trends across all aspects of the global economy, including digital currencies. 2939 Total views 23 Total shares The COVID-19 pandemic has served both as an x-ray onto existing vulnerabilities in the global financial system, and as an accelerator for destabilizing tendencies, including higher sovereign and consumer debt in emerging […]

Continue Reading