Israel might be Watch Mirror Twins Onlinelaunching its own private Bitcoin in a few years.
The Bank of Israel is looking to issue a digital currency to create a faster payments system as well as reduce the country's reliance on cash, according to an anonymous source that spoke to Reuters. However, the project has not been finalized yet.
If the central bank gives the project a green light, the country's government is ready to include it in its 2019 budget.
This national cryptocurrency would be very different from Bitcoin, however. Reuters' source claims it would be centralized, safe and in accordance with Israel's money laundering rules. Bitcoin, in contrast, is decentralized and anonymous.
Jerusalem Post has a tiny bit more detail on how this national cryptocurrency could work. “You can imagine that instead of giving you a piece of paper saying the Bank of Israel on it, I can send you a piece of digital code that was issued by a central bank,” a source told the outlet.
While Israel might be interested in cryptocurrencies, it's not very benevolent toward the coin that started the crypto-craze -- Bitcoin. Yesterday, CNBC reported that Israel is looking to ban companies based on Bitcoin and other cryptocurrencies from trading on the Tel Aviv Stock Exchange.
Israel is not the first country that's exploring the possibility of launching a cryptocurrency or using blockchain technology in some fashion. In August, Estonia announced it's planning to launch its own cryptocoin, called Estcoin, through an ICO (initial coin offering), and China and Singapore have been testing their own digital currency systems for a while now.
Topics Bitcoin Cryptocurrency Politics
Previous：A March For the Marchers
Slim Returns: Eminem’s call for unity
Instagram will let you filter abusive messages so you never have to see them
Instagram will let you filter abusive messages so you never have to see them
On Russell Hoban’s “Turtle Diary”
We Are All at the Table Together
Annie Dillard and Co. Sing in the Everly Brothers, Circa 1995
I got hooked on lemon water. Here's why you should too.
On the Chinese New Year, the (Fearsome?) Story of the Nian
It’s Fun to Be in the DSA!
Meet the influencers who are fighting the spread of online conspiracy theories
<i>New People</i>, Old Words
An Excerpt from McSweeney’s Next Issue
Sleeping Beauty by Sadie Stein
Sleeping Beauty by Sadie Stein
A Serious Man
Mandalorian fans: Baby Yoda underwear and loungewear just launched at MeUndies — take 15% off
The Morning Roundup for January 23, 2014
The Morning Roundup for January 23, 2014
You’re a Monster, Mr. Trump
Wordle today: Here's the answer and hints for July 27
International Dog Day deals: Save 50% at Petco through DoorDash or up to 35% at Wild OneHow to watch OSU vs. PSU basketball without cable: game time, streaming deals, and moreThe Hemingway Marlin Fish Tournament by Andrew FeldmanPhilippe Petit, Artist of Life by Paul AusterGet up to 35% off iRobot Roomba vacuums at Amazon'The Boy and The Heron' review: Miyazaki delivers gorgeous, haunting new adventureWriters’ Fridges: Kristen Arnett by Kristen ArnettWhat is girl math? Here's how economic thinking can actually be fun.JBL portable speakers: Get a JBL Go 3 for 40% offWalt Whitman’s Right Hand by The Paris ReviewOn Effort and Letting Go by Salvatore ScibonaRedux: Lost Causes Confound by The Paris ReviewStaff Picks: Bunnies, Berries, and Baffling Omissions by The Paris ReviewSusannah Hunnewell, 1966–2019 by The Paris ReviewBest Echo Dot deal: Save 53% on the Echo Dot Kids (5th gen, 2022 release) at AmazonWalt Whitman’s Right Hand by The Paris ReviewBest soundbar deal: Roku Streambar and Roku Wireless Bass on sale for $149.99 at AmazonHow to watch Purdue vs. Alabama basketball without cable: game time, streaming deals, and moreParticipating in the American Theater of Trauma by Patrick NathanGonzaga vs. UW basketball without cable: Game time, streaming deals, and more Microsoft denies shutting down operations in China · TechNode Apple's China smartphone shipments fall 9% y Intel and TSMC reach preliminary agreement for US chip plant joint venture: report · TechNode Tencent tests Yuanbao AI assistant within WeChat, expanding its role beyond chat · TechNode TSMC to begin production of next DeepSeek founder Liang Wenfeng joins global billionaires list · TechNode Stellantis Thin Red Line launches spring recruitment amid reports of developing an AI system · TechNode Huawei sees 22.4% revenue growth in 2024, while profits fall 28% · TechNode Manus partners with Alibaba’s Qwen to expand AI capabilities · TechNode Apple, HP, Dell halt China Samsung and SK Hynix saw strong growth in China in 2024 as chip demand rose · TechNode China and EU resume negotiations on EV duties following Trump tariff hikes · TechNode In rare move, BMW and China’s Huawei sign deal for in China issues new regulations on facial recognition technology, effective June 1 · TechNode China’s Horizon Robotics offers assisted driving software to Chery · TechNode Huawei applies for trademarks on the Monkey King and other fictional figures · TechNode SenseTime reports wider loss in 2024 despite growth in AI segment · TechNode Tencent unveils 3 China’s Geely steps up restructuring with new intelligent driving brand · TechNode
2.8607s , 10106.59375 kb
Copyright © 2025 Powered by 【Watch Mirror Twins Online】,Fresh Information Network