DIGITAL SHEKEL
Digital Shekel
Israeli Central Bank Official Embraces CBDC Competition with Banks for Economic Growth
In a recent speech, Bank of Israel Deputy Governor Andrew Abir expressed his support for the competition between commercial banks and the forthcoming Central Bank Digital Currency (CBDC) known as the digital shekel. Abir believes that the digital shekel has the potential to enhance competition in the financial system and benefit the economy as a whole.
Digital Shekel
Middle East Eyes for Strong Potential Cryptocurrency Market
More Middle East countries are taking a bet on cryptocurrency, despite its high volatility nature, which may beat investors.
Digital Shekel
Bank of Israel Has Conducted Digital Currency Shekel Crypto Testing
Israel announced that the country has already conducted a pilot test on its digital shekel as part of its efforts to issue the Central Bank Digital Currency for public use.
Digital Shekel
The Bank of Israel to Accelerate Its CBDC Research for a Digital Shekel
The Bank of Israel is accelerating its CBDC research.