Digital Shekel

Israel proposes for digital shekel to bear interest
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15 March, 2024

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 to banks...
Bank of Israel explores options to boost adoption of proposed digital shekel
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11 June, 2023

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 the CBDC...
Bank of Israel weighs options for launching CBDC
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21 April, 2023

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 powers and...
Israel utilizes blockchain for digital bonds issuance
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22 October, 2022

Israel utilizes blockchain for digital bonds issuance

Attorney General Yali Rothenberg confirmed that the move to explore the use of blockchain is to open the nations to...
Israel financial regulator grants first ‘crypto’ license to local firm
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14 September, 2022

Israel financial regulator grants first ‘crypto’ license to local firm

Israel is slowly embracing digital assets, issuing its first-ever permanent 'crypto' license to a native firm, in line with its...
Israel central bank teams up with Hong Kong to test retail digital currency
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21 June, 2022

Israel central bank teams up with Hong Kong to test retail digital currency

Bank of Israel partnered with the Hong Kong Monetary Authority and the Bank for International Settlements to test the feasibility...
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