Sentences with phrase «digital shekel»

Israel is currently pursuing a digital shekel, whose value would be equal to the country's fiat money.

Israel is considering the creation of a national cryptocurrency «digital shekel,» according to local news sources.

The statement of the high ranking official comes a day after the Jerusalem Post said that The Bank of Israel and Ministry of Finance had been working on a state - backed digital currency, the so - called «digital shekel,» which may be introduced in 2019.

Not exact matches

Israelis would use mobile phones to interface with their cryptocurrency wallets, and the digital asset's unit value would be equivalent to that of the country's fiat money, the shekel.