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  4. Bank of Israel claims 'public support' for its CBDC project
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Bank of Israel claims 'public support' for its CBDC project

Despite the fact that it still hasn't made a final decision on the launch of the “digital shekel,” Israel’s central bank reported that the public feedback on the...
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Bank of Israel claims 'public support' for its CBDC project Bank of Israel claims 'public support' for its CBDC project

Despite the fact that it still hasn't made a final decision on the launch of the “digital shekel,” Israel’s central bank reported that the public feedback on the project is mainly positive.

According to Reuters, on Monday, The Bank of Israel summarized the results of the public consultation on its central bank digital currency (CBDC) plans. It has received 33 responses from different sectors, with half of them coming from abroad and 17 from the domestic fintech community. While specifying that the final decision on the project’s fate is yet to be made, it claimed:

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