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March 3, 2025
On the web
Israel’s Digital Shekel Design Document Points to International CBDC Consensus
CCN
"The Bank of Israel has published a preliminary design document for the proposed digital shekel. Central banks around the world are converging on shared principles for CBDC design. On some more technical issues, such as the question of centralized versus decentralized settlement, they remain split."
May 29, 2024
On the web
Israel Launches Digital Shekel CBDC Experiment for Payments
Trading View
"Israel intends to expedite the development of its in-house central bank digital currency (CBDC), the digital shekel. The Bank of Israel (BoI) plans to involve various service providers in co-developing an advanced digital payments ecosystem centered on the digital shekel."
March 15, 2021
On the web
First Digital Goes Live As Israel’s First New Bank Since 1978
Reuters
“First Digital Bank, the first new bank in Israel since 1978, started operations on Sunday on a trial basis, and said it planned to open to the public later in 2021. The bank, which Israel’s banking regulator approved last year, has 140 staff and has begun opening accounts and providing all banking services for a closed group of customers.”
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