The Bank of Israel recently revealed plans to support a new central bank digital currency (CBDC) with unique features. This includes the potential for the digital shekel to accrue interest. The announcement came on March 11, outlining a vision for a digital currency that incorporates cutting-edge financial technology and privacy considerations. The proposed CBDC aims to enhance the efficiency of payment systems within the country.
Israel to Introduce CBDC with Interest-Bearing Features
coingape.com
12 March 2024 05:30, UTC