Israel central bank to collaborate with Hong Kong on digital currency.

M2 EQUITYBITES-June 21, 2022--Israel central bank to collaborate with Hong Kong on digital currency

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Global Banking News - 21 June 2022

Israel's central bank (BOI) is to collaborate with Hong Kong to test its digital currency.

The BOI is testing the feasibility of a retail central bank digital currency (CBDC). For this, it is to collaborate with Hong Kong Monetary Authority (HKMA) and the Bank for International Settlements (BIS). The project is expected to go live in a few months.

BOI has been conducting research on a digital shekel for several...

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