Digital Shekel (CBDC)
Central Bank Digital Currency (CBDC) is a digital means of payment that constitutes a central bank liability toward the holder of the currency. The Bank of Israel has not yet made a decision to issue digital currency. Similar to leading central banks, it has been decided that at this stage, a plan of action will be prepared that can be put into action in the future if conditions warrant it. A future decision to issue a digital shekel will be based in part on an assessment that the benefit of issuing it exceeds the potential costs and risks involved in such an issuance.