Tag: digital shekel

Israel Weighs “Digital Shekel,” Its Own National Cryptocurrency

Israeli officials are debating whether or not to create their own cryptocurrency, joining a growing list of governments that have proposed their own state-sponsored digital currencies in 2017. Israel Debates the Merits of Crypto The Israeli government may create its own “digital shekel,” according to sources close to Israel’s Finance Ministry.   The discussions are part of an effort to curb the black market activity that comprises 22% of Israel’s GDP. Officials hope …
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