Israeli central bank official says CBDC competition is good for banks.

Published date17 April 2024

BANKING AND CREDIT NEWS-April 17, 2024--Israeli central bank official says CBDC competition is good for banks

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Global Banking News - 17 April 2024

A central bank official in Israel has opined that CBDC competition is good for banks in the nation.

Bank of Israel deputy governor Andrew Abir said that the digital shekel, which is still in its planning stages, would enjoy public support. He added that the central bank would back it up, which would increase its popularity. The...

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