#Israel releases preliminary CBDC design for digital shekel

#Israel releases preliminary CBDC design for digital shekel

The Bank of Israel released a preliminary design for a digital shekel, detailing its ecosystem, technical framework and regulatory considerations. The Bank of Israel released a preliminary design proposal for a digital shekel (DS), Israel’s potential central bank digital currency (CBDC), despite no solid intent as yet for an official launch. On March 3, the…

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#Vivek slams Gary Gensler and 'three-letter agencies’ during pres debate

#Vivek slams Gary Gensler and 'three-letter agencies’ during pres debate

Presidential candidate Vivek Ramaswamy has slammed Gary Gensler and the SEC at the Republican presidential debate. <p>Presidential hopeful Vivek Ramaswamy came down hard on SEC chair Gary Gensler and other “three letter agencies” during the recent Republican presidential debate, claiming that regulators had failed to keep up with crypto. During the 4th Republican presidential debate…

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#UK Legislators urge caution in retail digital pound rollout

#UK Legislators urge caution in retail digital pound rollout

The committee’s report recommends imposing lower initial limits on the value of retail digital pounds to alleviate the risk of potential bank runs amid market instability. <p>British legislators are urging a careful stance regarding implementing a retail digital pound. Members of the Treasury Select Committee have expressed reservations regarding the possible launch of a retail…

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# Turkey plans to craft crypto framework in 2024

# Turkey plans to craft crypto framework in 2024

Crypto asset providers, such as crypto exchanges, will also be given a legal definition. The 2024 Turkish Presidential Annual Program, published on Oct. 25 in the Official Gazette of the Republic of Turkey, aims to finalize crypto regulations in the country within the calendar year of 2024.  Article 400.5 of the almost 500-page document reveals…

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# Was Chainlink’s (LINK) 35% rally just a buy rumor, sell the news event?

# Was Chainlink’s (LINK) 35% rally just a buy rumor, sell the news event?

LINK outperformed most cryptocurrencies in September, but the recent correction raises questions on the sustainability of the bullish momentum. Since September, Chainlink (LINK) price has gained more than 25%, outperforming Bitcoin (BTC), Ethereum (ETH) and most altcoins. Currently, the project is the leading decentralized blockchain oracle solution and ranks 15th in terms of market capitalization…

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