Bank of Israel executives: Israel will not issue national digital currency in the near future

According to Finance Magnates, on Tuesday, Sigal Ribon, head of the monetary policy department at the Bank of Israel, stressed at the annual summit of the Israeli cryptocurrency exchange Bit2C that Israel has no intention of becoming the first developed country to issue national digital currency. . Ribon said: We do not recommend the release of the number Shekel in the near future. No developed country has ever issued a national digital currency. One reason is that Israel is relatively lacking in technical structure, we have outstanding start-ups and entrepreneurs, but our infrastructure is far from contributing to this. ”