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3232Bank of Israel: Adoption of CBDC Will Not Materially Affect the Banking System
https://www.digit.info/bank-of-israel-adoption-of-cbdc-will-not-materially-affect-the-banking-system/
Sat, 05 Mar 2022 08:30:34 +0000https://www.digit.info/2022/03/05/bank-of-israel-adoption-of-cbdc-will-not-materially-affect-the-banking-system/Read more]]>Israel’s central bank says the public’s adoption of the digital shekel is not expected “to materially affect the banking system.” The bank, however, warns that any issuance of such digital currency will likely result in a decline of the volume of the public’s deposits. Increase in the Banking System’s Interest Expenses Israel’s central bank, the […]
Israel’s central bank says the public’s adoption of the digital shekel is not expected “to materially affect the banking system.” The bank, however, warns that any issuance of such digital currency will likely result in a decline of the volume of the public’s deposits. Increase in the Banking System’s Interest Expenses Israel’s central bank, the […]