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UPDATE 1-Israel central bank says digital shekel launch an 'open question'

Retrieved on: 2024-05-03 23:14:02

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UPDATE 1-Israel central bank says digital shekel launch an 'open question'. View article details on hiswai:

Summary

The article discusses the Bank of Israel's exploration of a digital shekel, or CBDC, to enhance the nation's payment systems and improve financial competition. Governor Amir Yaron and Deputy Governor Andrew Abir highlight the benefits and privacy considerations, but a final decision is pending. The tags reflect the article's focus on the digital transformation of currency, cyber security, and Israel's financial innovation efforts.

Article found on: ca.style.yahoo.com

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