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…) ]

We're being CENSORED ... HELP get the WORD OUT! SHARE!!!

Latest Worthy News

Huckabee: Hamas Must Be Dismantled Like the Nazis—No Role in Gaza’s Future, Says Trump’s Ambassador to Israel
U.S. Slaps Sanctions on Iran’s Oil Network, Shadow Fleet, and Hezbollah Financiers
House Passes Trump’s ‘One Big Beautiful Bill,’ Securing Victory Ahead of Independence Day
Hamas Targets Gaza Aid Workers as U.S.-Backed Humanitarian Group Vows to Press On
U.S. Temporarily Halts Some Ukraine Arms Shipments Amid Pentagon Review
U.S. Job Market Beats Expectations in June
U.S. Supreme Court To Take Up Two Transgender Athlete Cases
Chinese House Church Leaders Sentenced on Fraud Charges Amid Global Outcry
Bali Drama: Dozens Missing After Vessel Sinks
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