Cryptocurrency Market

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bank of israel

israel’s-digital-shekel-plans-hinge-on-ecb’s-digital-currency-move

Israel’s Digital Shekel Plans Hinge on ECB’s Digital Currency Move

The Bank of Israel (BOI) is exploring a central bank digital currency (CBDC), a digital shekel, to modernize Israel’s payment system and drive innovation. However, BOI Deputy Governor Andrew Abir stated that the BOI is waiting for a major central bank, likely the European Central Bank (ECB), to introduce a digital currency before proceeding. This […]

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davos-2023:-cbdcs-are-the-future-of-central-bank-money-but-they-are-still-not-ready

Davos 2023: CBDCs Are the Future of Central Bank Money but They Are Still Not Ready

A World Economic Forum (WEF) panel comprised of central bankers and global tech providers has profiled central bank digital currencies (CBDCs) as the future of central bank money, presenting them as one of the solutions for limitations in the payments sector today. However, they have also stated these present several limitations still to be addressed.

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