Bank of Israel: Will not launch digital shekel before ECB launches CBDC
By:Cointime
Andrew Abir, the Deputy Governor of the Bank of Israel, stated that the Bank of Israel will not decide whether to issue a central bank digital currency (CBDC) before the European Central Bank. Several weeks ago, the Bank of Israel announced the launch of the Digital Shekel Challenge as part of an "action plan that may lead to the issuance of a digital shekel" to develop uses in the payment field, but reiterated that it has not yet done so.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
