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Bank of Israel Has Already Tested a Digital Shekel

The official said he is not optimistic about an Israeli CBDC being launched.

Atualizado 14 de set. de 2021, 1:14 p.m. Publicado 21 de jun. de 2021, 3:05 p.m. Traduzido por IA
Israeli Shekels

The Bank of Israel has already carried out a pilot test on a central bank digital currency (CBDC), Deputy Governor Andrew Abir revealed.

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  • Abir revealed the news at a conference of the Fair Value Forum of IDC Herzliya, The Jerusalem Post reported Monday.
  • After being asked if the Bank of Israel had already run a pilot on a digital shekel, Abir answered that it had.
  • Abir noted he is not particularly optimistic about an Israeli CBDC actually being launched, however.
  • He had previously said the chance of one being launched within five years was 20%. "My estimate has increased a bit in the last year, mainly because other countries are advancing with it, too, but still there is less than [a] 50% chance."
  • No formal announcement has been made by the Bank of Israel on the subject since early May, when it said it was preparing an action plan for the issuance of a digital shekel as part of an overall acceleration of its research into the subject.

Read more: Israeli Pension Giant Put $100M Into Grayscale Bitcoin Trust: Report

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KuCoin Hits Record Market Share as 2025 Volumes Outpace Crypto Market

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KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.

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  • KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
  • This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
  • Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
  • Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
  • Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.

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Strive’s preferred equity blueprint for Strategy’s $8 billion convertible debt overhang

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The bitcoin treasury firm is using perpetual preferreds to retire convertibles, offering a potential framework for managing long dated leverage.

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  • Strive upsized its SATA follow on offering beyond $150 million, pricing the perpetual preferred at $90.
  • The structure offers a blueprint for replacing fixed maturity convertibles with perpetual equity capital that removes refinancing risk.
  • Strategy has a $3 billion convertible tranche due in June 2028 with a $672.40 conversion price, which could be addressed using a similar preferred equity approach.