Sunday, October 31, 2021

Why do we need the digital shekel in Israel?

I have no doubt that Israel could pull this off to introduce a digital currency as legal tender!

"... The Bank of Israel has begun trials in issuing the digital shekel, thus joining most of the world's central banks that have also been conducting trials on digital currencies. ..."

Why do we need the digital shekel? - Globes "Globes" discusses the reasons the Bank of Israel might issue digital shekels and the advantages and drawbacks for the public and banks.

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