Bitcoin Equaliser Review – Is it Scam? Open An Account Introduction Cryptocurrency trading has become increasingly popular in recent years, with more and more people looking to invest in Bitcoin and other…
Month: March 2023
Binance Employees Allegedly Helping Clients Bypass KYC Verification
• Binance, the world’s largest cryptocurrency exchange, is reportedly facing allegations that some of its employees have been helping Chinese customers to bypass the Know-Your-Customer (KYC) verification process. • According to an…
SHIB Beta Launch Hits Metaverse Amid Controversy and BitBoy Skepticism
• SHIB recently faced issues due to controversy surrounding the Shibarium code, but its layer 2 network’s beta launch is set to hit the metaverse this week. • YouTube influencer BitBoy called…
NakaDollar: Arthur Hayes Proposes New Stablecoin to Stand Independently from USD
• Arthur Hayes proposed a new stablecoin design with a value pegged to Bitcoin, called the Satoshi Nakamoto Dollar (NUSD) or NakaDollar. • The crypto community continues to support stablecoins despite criticism…
deposit fiat currency for crypto trading, which would
be overseen by the Bank of Israel. According to the draft, NBMs (Non-Banking Money Changers) would be allowed to provide crypto and custodial services. The services will be limited to Bitcoin and other cryptos subject to approval by the Bank of Israel.
Safety & Consumer Protection
TASE is continuously working towards ensuring that the entire trading process remains safe for both customers and investors by adhering to the rules and regulations set forth by the Bank of Israel. This includes ensuring consumer protection by implementing safeguards such as know-your-customer (KYC) procedures, anti-money laundering (AML), and cyber security protocols.
The public comment period will be open until April 19, and the final decision on the expansion is expected to come out in the second half of 2021.
• The Tel Aviv Stock Exchange (TASE) is planning to expand its activities in order to offer cryptocurrency trading services to non-banking customers. • A draft has been released for public comment,…