Israel

Israel's Central Bank Proposes Rules for Stablecoins Including 100% Reserve Requirement
The Bank of Israel also recommends a ban on algorithmic stablecoins if they become widely used for payments.

StarkWare to Open Source Its Ethereum Scaling System
The tech company was valued at $8 billion during a funding round last year.

Israel’s Securities Watchdog Moves to Better Supervise Crypto Assets
The Israel Securities Authority proposed new legal definitions for digital assets that would formally establish their government supervision – most frequently as securities.

Israel’s Ministry of Finance Proposes New Guidelines for Regulating Digital Assets
The proposal follows the country’s recent efforts to integrate cryptocurrencies into its economy.

Tel Aviv Stock Exchange to Set Up Platform for Digital Assets
The bourse is "venturing into crypto" and will explore how the technologies that underpin digital asset markets can enhance capital markets infrastructure.

Israel's Government and Tel Aviv Stock Exchange Preparing to Issue Digital State Bond
The Israeli government and TASE are partnering with Fireblocks and VMWare to perform live testing of a new blockchain-based platform

Central Banks of Israel, Norway and Sweden Team Up to Explore Retail CBDC
Results of the project, run by the Bank for International Settlements, are expected in the first quarter of 2023.

Israeli Exchange Bits of Gold Becomes First Crypto Firm to Receive Capital Markets License
The firm will now be able to work with local bank and financial institutions.

Israel's Markets Regulator Grants First Crypto License to Private Company: Report
Hybrid Bridge Holdings is the first company to receive a permanent license from the country's capital markets authority to engage in crypto-related business activities, Globes reported.

Investment Firm Valkyrie Branches Into Venture Capital With Focus on Israeli Crypto Startups
Veteran venture capitalist Lluis Pedragosa is leading the new team with a $30 million target fund.

