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The Bank of Israel has initiated the transition to digital currency by launching the Digital Shekel Challenge. Various sectors are invited to develop applications for a potential central bank digital currency as part of this experiment.
The Bank of Israel is seeking participants to explore the use of a potential CBDC in payments systems in a Digital Shekel Challenge. By @amitoj. https://t.co/ZVDGNe5sTy
BANK OF ISRAEL LAUNCHES OWN CBDC - THE DIGITAL SHEKEL - Against a backdrop of massive geopolitical tensions, the Bank of Israel (BoI) has announced its own central bank digital currency (CBDC) experiment in the 'Digital Shekel'. - The program takes inspiration from ‘Project… https://t.co/MHv9VcGoPW https://t.co/VKl7tmLYHm
JUST IN: BANK OF ISRAEL LAUNCHES OWN CBDC EXPERIMENT - THE DIGITAL SHEKEL