Bank of Israel Unveils Possible Design of "Multipurpose" Digital Shekel CBDC

Mises Institute

Right

Factuality

Ownership

CBDC: Unraveling Impacts on Freedom, Economic Development, and Privacy

The implementation of Central Bank Digital Currencies isn‘t just about money. It also is about personal freedom and how CBDCs give the government enormous powers over individuals by being able to cancel their money at any time.

Coin Desk

Center

Factuality

Ownership

Bank of Israel Unveils Possible Design of "Multipurpose" Digital Shekel CBDC

The Bank of Israel has put forward a possible design for a central bank digital currency (CBDC) should the decision be made to introduce one in the future.The central bank described the proposed digital shekel (DS) as a "multipurpose CBDC", to wit it would be for both retail and wholesale use, in a paper published on Tuesday."The DS will be a multipurpose digital currency that will address both the retail needs of end users such as households an…

coinspaidmedia.com

Factuality

Ownership

Bank of Israel Reveals Tech Architecture of Digital Shekel

The Bank of Israel shared details on the technical architecture of its central bank digital currency (CBDC), which includes 24/7 system availability, instant settlements, and offline payment support. The Bank... Сообщение Bank of Israel Unveils Detailed Description of Digital Shekel появились сначала на CoinsPaid Media.

La Crypto Monnaie

Factuality

Ownership

The Bank of Israel published a proposal for a preliminary design for the Central Bank's digital currency (CBDC) with a description of its ecosystem, functionality, technical design and standards. Earlier, the Central Bank Committee determined six prerequisites for the launch of Digital Shekel: the creation of another payment system [...] Read more The Central Bank of Israel presented a pilot project of Digital Shekel appeared first on The Crypto…

Ledger Insights

Factuality

Ownership

Israel releases prelim report on digital shekel CBDC design - Ledger Insights - blockchain for enterprise

Today the Bank of Israel published a preliminary design document for the digital shekel, its central bank digital currency (CBDC). While no decision has been made to go ahead, the central bank previously stated that if Europe proceeds with a CBDC, it is more likely to move forward. However, it will require some regulatory changes. […] The post Israel releases prelim report on digital shekel CBDC design appeared first on Ledger Insights - blockch…

CryptoTvplus: DeFi, NFT, Bitcoin, Ethereum Altcoin, Cryptocurrency & Blockchain News, Interviews, Re

Factuality

Ownership

Israel unveils preliminary design for digital shekel

The Bank of Israel has disclosed a preliminary plan for the digital shekel, outlining its technical framework, ecosystem, and regulatory measures.   While the bank has not finalized a plan for its issuance, it has shared a draft design proposal for the digital shekel (DS), which could function as the nation’s CBDC.   On March 3, the […] The post Israel unveils preliminary design for digital shekel appeared first on CryptoTvplus - The Leading Blo…