Digital Shekel would be presumably welcome according to a recent consultation from Israel's Central Bank. The institution received feedback from different international and domestic fintech sectors.
on its central bank digital currency plans. It has received 33 responses from different sectors, with half of them coming from abroad and 17 from the domestic fintech community. While specifying that the final decision on the project’s fate is yet to be made, it claimed:
“All of the responses to the public consultation indicate support for continued research regarding the various implications on the payments market, financial and monetary stability, legal and technological issues, and more.” While the public reportedly believes that the digital shekel would encourage competition in the payments market, it is the privacy issue that once again emerged as controversial. The bank mentions that some commentators prefer the future currency to be fully anonymous while others insist that the fight against money laundering and the black market renders anonymity impractical.
"It feels like most digital shekel CBDC supporters are painting the topic as a broad-strokes adoption narrative. In other words, any crypto adoption is still adoption even if it doesn’t adhere to crypto’s core values like decentralization and anti-institutionalism." Mor noted that not everyone in Israel's digital finance sector shared the same vision. Yet he, himself, believes that"bringing crypto to the masses has to start with institutional and governmental involvement to some extent."
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Al Jazeera reporter killed during Israel raid in West BankShireen Abu Akleh, a well-known Palestinian reporter for the broadcaster's Arabic language channel who is also a U.S. citizen, was shot and died soon afterward.
Baca lebih lajut »
U.S. presses Israel and Palestinians to launch joint investigation into journalist's deathNEW: The Biden administration is pressing Israel and the Palestinian Authority to launch a joint investigation into the death of Palestinian American Al Jazeera reporter Shireen Abu Akleh ASAP, according to three sources briefed on the issue.
Baca lebih lajut »
Turkish flight aborts takeoff in Israel after passengers receive images of plane crashesA Turkish airliner bound for Istanbul aborted its takeoff in Israel on Tuesday and returned to the gate after passengers began receiving phone messages containing images of plane crashes, officials…
Baca lebih lajut »
Bank of Spain sees moderate immediate risk to banks from climate policiesSpain's transition to cleaner energy could bring more notable risks to sectors with higher CO2 emissions, such as transport, manufacturing and agriculture, though any impact on banks would be moderate in the short run, the Bank of Spain said.
Baca lebih lajut »
Palestinian-American journalist fatally shot during Israeli raid in West BankThe death of Shireen Abu Akleh, a well-known reporter for Al Jazeera's Arabic language channel, sparked immediate outrage in the region and beyond.
Baca lebih lajut »
ECB’s Muller: Central bank could outline rate hike plan for coming months in JuneECB could outline future rate expectations already at June policy meeting. APP should end early July or a few weeks earlier; rate hike must not be far
Baca lebih lajut »