Bank of Israel

News

Israel and Hong Kong Finish Retail CBDC Test

Project Sela leveraged the diverse experience of the central banks of Israel and Hong Kong to create a retail central bank digital currency (CBDC)

Fintech & Ecommerce

Israel Joins Online Banking and Provides Access to International Payment Providers

Back in June 2022, Israel began the process of open banking reform in an attempt to bring its outdated regulatory framework into line with the needs of the nation’s booming fintech sector. The road map for the reforms is set to conclude by November 2023 and although this could represent a real boon for both […]