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Bank of Israel Official Reveals an Upcoming CBDC Pilot

From securities.io

Deputy Governor of Israel’s central bank, Andrew Abir, recently revealed that a CBDC pilot is underway. He pointed out that this does not mean that a CBDC will be launched — the bank is simply exploring the idea and doing tests. Whether or not the coin will see launch depends on a number of factors, and the officials simply do not know how they will proceed yet. Central banks around the world continue with their efforts to research, create, and even launch their native cryptocurrencies, popularly known as CBDCs (Central Bank Digital Currencies). The most recent one, however, appears to be the central bank of Israel, ... (full story)

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  • Category: Fundamental Analysis