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Israel Ties Digital Shekel Launch to US and EU

Israel’s apex monetary authority, the Bank of Israel, has listed several conditions that can speed up its decision to launch the digital shekel (SHAKED), the country’s central bank digital currency (CBDC). Issuance of CBDCs by other developed countries, especially the United States and the European Union (EU) tops the list, according to a statement released on Tuesday by the central bank’s Steering Committee on the Potential Issuance of a Digital Shekel.Israel Gives Conditions for CBDC LaunchOth... Read More

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Israel

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Launch

Forex

Posted: Apr 18 2023, 13:34

Author Name: financemagnates

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