Hi guys ..Now, Israel's central bank mulls digital currency

in news •  7 years ago 

Now, Israel's central bank mulls digital

The Bank of Israel is examining issuing digital currency as a means of creating a faster payments system as well as reducing the amount of cash in the economy, a central bank source said on Sunday, though he stressed no decision had yet been made.

The emergence of bitcoin and other so-called cryptocurrencies has led some economists to predict the technology could be used one day across entire economies, with digital currencies created by central banks.

Source - https://m.economictimes.com/markets/stocks/news/now-israels-central-bank-mulls-digital-currency/amp_articleshow/62237860.cms

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