![Israel's Digital Shekel Plans Hinged on ECB's Digital Currency Move](https://static.news.bitcoin.com/wp-content/uploads/2024/07/bank-of-israel-768x432.jpg)
The Bank of Israel (BOI) is exploring a central bank digital currency (CBDC), a digital shekel, to modernize Israel’s payment system and drive innovation. However, BOI Deputy Governor Andrew Abir stated that the BOI is waiting for a major central bank, likely the European Central Bank (ECB), to introduce a digital currency before proceeding. This […]