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Bank of Israel

Bank of Israel remains unsure of CBDC even amid public support
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13 May, 2022

Bank of Israel remains unsure of CBDC even amid public support

The public said that a digital shekel would reduce reliance on cash and advance the fintech industry, but the BOI...
Bank of Israel issues draft guidelines for digital asset AML, CFT
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18 March, 2022

Bank of Israel issues draft guidelines for digital asset AML, CFT

The central bank’s guidelines will potentially open up the banking system to the nascent sector, with banks not allowed to...
Israel is stepping up CBDC efforts, central bank governor says
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7 December, 2021

Israel is stepping up CBDC efforts, central bank governor says

Governor Amir Yaron considers central bank digital currencies are the future of finance and will give central banks an effective...
Bank of Israel official confirms digital shekel plans
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25 June, 2021

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...
Israel moves forward with plans for central bank digital currency
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14 May, 2021

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...
Israel banks ‘cannot refuse’ crypto companies: attorney general
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20 February, 2020

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.
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