Bank of Israel Awaits Digital Euro Before Introducing Digital Shekel

Wednesday, 10 July 2024, 11:35

The Bank of Israel is gearing up to enhance its payment system by introducing a digital shekel. However, progress is on hold as the institution awaits the launch of digital currencies by other leading economies. Stay informed with the latest developments in this crucial financial update.

Bank of Israel Awaits Digital Euro Before Launching Digital Shekel

The Bank of Israel is planning to introduce a digital shekel to enhance its payment system. However, this initiative is currently pending as it aligns with the launch of digital currencies by other developed economies.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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