Palestine’s Central Bank Reportedly Mulling a CBDC Launch
Palestinians do not have an independent currency, and rely on the Israeli shekel and Jordanian dinar.
A mix of high taxes, burdensome regulation and an antagonistic banking sector makes starting a crypto business in the Holy Land unviable.
Central bank digital currencies, like the digital shekel, can be programmed to stop money reaching the wrong people, says Orbs' co-founder.
Insurance companies and investment houses might be required to detail and justify any investments linked to bitcoin.
The Israeli Bitcoin Association is opposing the proposed reporting requirement, calling it discriminatory.
The wallets, 84 in all, show the terrorist group has diversified its holdings far beyond bitcoin.