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Digital Shekel (CBDC)

Central Bank Digital Currency (CBDC) is a digital means of payment that, like cash, constitutes a central bank liability toward the holder of the currency.  The Bank of Israel has not yet made a decision to issue digital currency.  Similar to leading central banks, it has decided that at this stage, a plan of action will be prepared that can be put into action in the future if conditions warrant it.  A future decision to issue a digital shekel will be based in part on an assessment that the benefit of issuing it exceeds the potential costs and risks involved in such an issuance.

Presentations

Yoav Soffer, CBDC project manager, about "The future of Central Bank Digital Currencies"
Sela project launch conference - part 1
Sela project launch conference - part 2
Session on digital currencies in central banks, Payment systems conference
Invited Talk: Technology and Policy for Privacy of CBDC, Yoav Soffer (Bank of Israel) 11/2022
Sela project trailer