Israel proposes interest rates for digital shekel currency.

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The post Israel proposes for digital shekel to bear interest appeared first on CoinGeek.

BOI maintains that at this stage, it remains agnostic to the technology underpinning the CBDC, noting that it could consider blockchain technology or traditional database technologies.

One outstanding difference is BOI’s proposal to have a digital shekel that supports the option of bearing interest.

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Article Details

Author / Journalist: Steve Kaaru

Category: Crypto

Markets: CanadaIsraelSouth Africa

Topics: Tax Bank of Israel Business Digital shekel Central Bank Digital Currency

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-03-15 @ 14:00:49 (1 months ago)

News Timezone: GMT +8:00

News Source URL: coingeek.com

Language: English

Article Length: 435 words

Reading Time: 3 minutes read

Sentences: 21 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGeek

News ID: 20441350

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