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Category digital shekel

MainNewsdigital shekel
Digital Shekel Challenge: Bank of Israel Engages 14 Teams for Digital Currency Innovation

Digital Shekel Challenge: Bank of Israel Engages 14 Teams for Digital Currency Innovation

The Bank of Israel has initiated the “Digital Shekel Challenge” to explore the potential of a central bank digital currency (CBDC) system inspired ...
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 inno...
Israel to Launch Digital Shekel Test for Payment

Israel to Launch Digital Shekel Test for Payment

The "digital shekel," also known as the central bank digital currency (CBDC), is being developed at a faster pace by the Bank of Israel (BoI). The ...
Bank of Israel Launches Digital Shekel Challenge

Bank of Israel Launches Digital Shekel Challenge

The Bank of Israel has announced the Digital Shekel Challenge, inviting various entities — private companies, public sector organizations, and acad...
Israel Plans to Launch Interest-Bearing CBDC – Here’s What You Need to Know

Israel Plans to Launch Interest-Bearing CBDC – Here’s What You Need to Know

On March 11, the Central Bank of Israel unveiled plans for a Central Bank Digital Currency (CBDC). Known as ‘digital shekel’ the unique CBDC will b...