The Central bank of Israel recently showcased the draft of what a digitalized version of the national fiat currency may look like. According to the draft, the people of Israel should be able to use the digital shekel either online or offline. The Israeli central bank digital currency (CBDC) will provide some level of privacy. The project is coming up progressively, however, the final decision is yet to be made.

Author: mBRzeVZxHo

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