As Cryptocurrency Gains Popularity In Israel, Discussions Continue About a ‘Crypto-Shekel’

Top leadership in Israel has long considered launching a state-backed virtual currency. Discussions have only grown as the nation’s cryptocurrency sector continues to blossom. The Bank of Israel, as well as the nation’s Finance Ministry, has been mulling over the idea of a state-sponsored cryptocurrency since Bitcoin’s price high at the tail end of 2017. Finance Ministry officials spoke of a state-sponsored virtual currency that would be rolled out in order to lower the number … Continue reading As Cryptocurrency Gains Popularity In Israel, Discussions Continue About a ‘Crypto-Shekel’