Bank of Israel - Digital Pound Foundation

Fireblocks Among 14 Companies Chosen For The Bank of Israel’s Digital Shekel CBDC Challenge

The Bank of Israel has announced the initiation of the “Digital Shekel Challenge,” an ambitious CBDC experiment inspired by “Project Rosalind” – a joint project by the Bank of England and BIS. The challenge aims to explore potential applications for a digital shekel system, garnering widespread interest from the fintech and finance communities both within […]

Potential Scenarios for Deciding to Issue a Digital Shekel

Source: Bank of Israel The Bank of Israel Steering Committee on the Potential Issuance of a Digital Shekel outlines potential scenarios for deciding to issue a digital shekel; The following are the main points: The Bank of Israel must be prepared to advance the issuance of a digital shekel, if the variables listed above support it. […]

The potential effects on the Israeli banking system of issuing a digital shekel

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Whilst most CBDC experiments have involved private sector technology providers, the overwhelming majority of these experiments, to date, have not involved participation from other private sector actors. The Digital Pound Foundation is unique in proposing a model whereby the public and private sectors can fully engage in the design, development and adoption of a digital Pound, thus contributing to its successful roll-out and helping drive forward the UK’s transition to a digital economy.

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