The ‘Digital Shekel’: Israel is Working on a State Cryptocurrency

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The post The ‘Digital Shekel’: Israel is Working on a State Cryptocurrency appeared first on CCN

Israeli authorities are reportedly considering issuing a cryptocurrency that would be identical in value to the shekel, Israel’s fiat currency. Both Israel’s financial ministry and the central bank are exploring the possibility of issuing a national digital currency titled the ‘digital shekel’, the Jerusalem Post reports. Regulators have been considering the legal parameters of issuing

The post The ‘Digital Shekel’: Israel is Working on a State Cryptocurrency appeared first on CCN

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