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Israel Central Bank Contemplates Digital Shekel to "Modernize Payment Systems"

Israel Central Bank Contemplates Digital Shekel to
The Central Bank of Israel is considering the issuance of a digital shekel to enhance the country’s payment system. However, the decision to launch the financial instrument remains a topic of debate, echoing similar discussions in advanced economies globally.The Bank of Israel’s Governor, Amir Yaron, shared these insights during a recent conference on digital currencies, highlighting the nation’s strides towards modernizing financial systems. Since November 2021, the Bank of Israel has been acti... Read More
Posted: Sep 12 2023, 21:44
Author Name: financemagnates
Views: 102028

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