Main navigation

Ethereum to Become Basis for Digital Shekel: Bloomberg

Advertisement
Wed, 23/06/2021 - 8:58
Ethereum to Become Basis for Digital Shekel: Bloomberg
Cover image via stock.adobe.com
Read U.TODAY on
Google News

Bloomberg has reported that the Bank of Israel plans to use the second largest blockchain platform Ethereum for emitting a digital version of its currency shekel.

The course cited by the Israeli financial daily edition Globes. No comments from the bank have followed yet.

Article image
Image via Twitter

Related

Other major countries at the moment are busy developing digital versions of their currencies – China is working on DCEP, Japan, South Korea, France and EU have also made public their intentions to launch CBDCs (central bank digital currencies).

Advertisement

Earlier, the Deputy Governor of Bank of Israel has referred to Bitcoin as a “pyramid scam”.

@u.today

Bank of Israel intends to issue a digital shekel using ##Ethereum ##crypto ##cryptonews ##ETH ##Ether ##CBDC

♬ original sound - U.Today

Related articles

Advertisement
TopCryptoNewsinYourMailbox
TopCryptoNewsinYourMailbox
Advertisement
Advertisement

Recommended articles

Latest Press Releases

Our social media
There's a lot to see there, too

Popular articles

Advertisement
AD