Digital shekel will compete with banks for deposits, payments: Bank of Israel
A digital shekel will force commercial lenders to up their game and offer better and cheaper services, according…
Browsing Tag
Bank of Israel
7 posts
Israel proposes for digital shekel to bear interest
The Bank of Israel published a CBDC paper, which outlines a system in which CBDC wallets aren’t linked…
Israel Reveals Plans for Interest-Bearing CBDC
[[{“value”:” Coinspeaker Israel Reveals Plans for Interest-Bearing CBDC Israel’s central bank has announced plans to launch an interest-bearing…
BIS partners with Israel, Hong Kong for retail CBDC experiment
The Bank for International Settlements has announced a successful CBDC proof of concept—Project Sela—prioritizing inclusivity and privacy, poised…
Bank of Israel explores options to boost adoption of proposed digital shekel
The Bank of Israel laid out several initiatives to trigger mass adoption of its digital shekel, including using…
Bank of Israel weighs options for launching CBDC
Israel has decided against launching a digital shekel but remains open to its possible development, noting that global…
Israel’s chief economist recommends sweeping digital asset guidelines
Shira Greenberg called for wider powers to be given to the supervisor of financial service providers and opined…