E-shekel moves towards replacing paper money in Israel


crypto coin fed coin worthy christian news(Worthy News) – According to the Bank of Israel report from May 2021, Israel is considering launching an Ethereum (ETH)-based e-shekel. on the potential issuance of a digital shekel with no given launch date.

Bloomberg reported that Yoav Soffer, the head of the Bank of Israel’s digital project, stated that “it is an ongoing process, even though the digital shekel is still in its developmental stage and no specific date has been fixed for the launch.”

Soffer added, “Right now, we are increasing the resources devoted to the digital shekel project, both in terms of finances and people. A digital shekel has great potential to increase competition and innovation within the payment industry.” [ Source: World Israel News (Read More…) ]

7
people are currently praying.

💡 Did you know? One of the best ways you can support Worthy News is by simply leaving a comment and sharing this article.

📢 Social media algorithms push content further when there’s more engagement — so every 👍 like, 💬 comment, and 🔄 share helps more people discover the truth. 🙌

Discuss this article in our forums

Follow us on X

Latest Worthy News

Trump Backs Down On Tomahawk Missiles For Kyiv In Talks With Zelenskyy
Vietnamese Christians Impacted As Typhoon Bualoi Kills Dozens Across Vietnam And Southeast Asia
Hungary Confirms Trump-Putin Summit In Budapest (Worthy News Radio)
Syria Hides Thousands Of Bodies In Desert Mass Grave, Report Reveals
U.S. Government Shutdown Drags On as Senate Fails Again to End Debate Over Funding Bill
Trump And Putin Plan Meeting In Budapest To Discuss Ending Ukraine War
Syria’s New Leader Visits Moscow, Seeks to “Redefine” Ties as Putin Eyes Continued Military Presence
Trump Says Modi Vows To End Indian Purchases Of Russian Oil Amid U.S. Pressure Campaign
Oklahoma Drops Controversial Plan to Distribute Bibles in Public Classrooms
Fair Use Notice:This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.

Worthy Christian News