Bank of Israel official confirms digital shekel plans
Andrew Abir said the bank had begun piloting the digital currency, though was keen to downplay suggestions that a wider launch was imminent.
Latest Bank of Israel News
Israel moves forward with plans for central bank digital currency
The Bank of Israel is reported to be working alongside other central banks to prepare for an eventual launch, though has yet to commit to formally introducing a digital shekel.
Israel banks ‘cannot refuse’ crypto companies: attorney general
The attorney general of Israel has said that the country’s banks cannot institute a blanket ban on serving cryptocurrency companies.
‘Not recommended’: Bank of Israel publishes report on central bank crypto
After devoting a team of researchers to establishing whether the bank should move towards a digital currency of its own, the findings have come back negative.