Israel to Accelerate Digital Shekel Preparations

Israel to Accelerate Digital Shekel Preparations The Bank of Israel has joined several other central banks to gradually prepare for the launch of a central bank digital currency (CBDC), which in its case would be the digital shekel. The monetary regulator announced on Tuesday that it is accelerating its preparations for the potential launch of

Ethereum Whale Transfers 46,793 ETH to Binance

Ethereum Whale Transfers 46,793 ETH to Binance Ethereum, the world’s second-largest digital currency, reported a spike in its network activity in the last few days amid a record rally in the price of ETH. Crypto whales accelerated the movement of Ethereum this week after ETH crossed the $4,000 price level. According to the latest data

Indonesia Is Considering to Tax Crypto Trading

Indonesia Is Considering to Tax Crypto Trading Indonesia, which is the largest economy in Southeast Asia, is considering imposing taxes on cryptocurrency trading as demand in the sector is booming with the recent price rally. Neilmaldrin Noor, a spokesperson for the country’s tax agency, told Reuters that the Indonesian government is willing to strengthen its

South Korea Deploying System to Monitor Crypto Phishing

South Korea Deploying System to Monitor Crypto Phishing South Korean law enforcement agencies are strengthening the monitoring infrastructure to bust the growing cryptocurrency phishing websites, the number of which have snowballed with the recent surge in cryptocurrency prices. As reported by local media Yonhap on Sunday, the country’s ICT ministry is collaborating with the National

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