Leading cryptocurrency exchange Coinbase is all set to acquire a cryptographic security company called Unbound security, an Israel-based firm that offers a protected multi-party computational technology. The exchange is also looking forward to establishing its independent research facility in the region.Coinbase’ new acquisition offers secure crypto transactionsAs per the … [Read more...] about Coinbase forays into Israel market with Unbound Security acquisition
Israel
Crypto Heavyweight Moshe Hogeg Reportedly Arrested in Israel
According to Haaretz, the eight suspects, which include Hogeg, are accused of a number of offenses including conspiring to mislead investors, theft and money laundering. The Jerusalem Post said he was arrested, along with a family member, at the office of the Premier League football club he owned, Beitar Jerusalem. Source link … [Read more...] about Crypto Heavyweight Moshe Hogeg Reportedly Arrested in Israel
Israel authorities amp up regulations for crypto and FinTech
In an announcement made by the Authority of Combating Terror Finance and Money Laundering, a new set of regulations have been imposed in Israel to protect investors’ stake in the crypto market.According to Authority director Schlomit Wegman, the application of the new set of laws will ensure that crypto and fintech industries maintain their decorum and assist in establishing … [Read more...] about Israel authorities amp up regulations for crypto and FinTech
Bank of Israel steps up CBDC efforts with reported tests on Ethereum
Israel's central bank has allegedly completed a pilot — under the radar — for a central bank digital currency (CBDC) using Ethereum's technology. The claim was made by the Israeli financial news site Globes and later reported by BNN Bloomberg.Globes' sources for its claims are not disclosed: the report alleged that the Bank of Israel (BOI) completed its pilot in an … [Read more...] about Bank of Israel steps up CBDC efforts with reported tests on Ethereum