Security tech, startups, regulation, and institutional adoption within Israel’s Web3 ecosystem.
The exposure-free retail CBDC the Bank of Israel and the Hong Kong Monetary Authority plan to test is assumed to carry less financial risk for consumers, Bloomberg News reported.
Jinia Shawdagor 2 min read 
A research by the Bank of International Settlements (BIS) shows that nine out of ten central banks are working on a CBDC project presently.
Bank Leumi’s customers would be able to use Pepper Invest to trade Bitcoin and Ethereum.
The Israeli company behind StarkWare, developers of Ethereum ZK-rollup technology, is finishing a funding round of at least $100 million, at a $6 billion valuation.
Coinbase solidifies its presence in Israel by acquiring a cryptographic security company Unbound Security while establishing a new research facility in the nation.
The government of Israel is tightening regulations surrounding crypto amidst concerns related to money laundering and terror financing.
The Bank of Israel has built the pilot scheme of its digital shekel on the Ethereum blockchain.
Fireblocks faces lawsuit over key management incident, resulting in $75 million loss.
The acquisition would allow Canadian payments company Nuvei to issue crypto banking accounts and Visa cards.
