Bank of Israel

12 results about this entity

Period: 23 Aug 2013 - 12 Sep 2023

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BIS and Israel and HK central banks examine security, privacy and accessibility in CBDC design

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BIS and Israel and HK central banks examine security, privacy and accessibility in CBDC design

The Bank for International Settlements says a joint experiment conducted with the central banks of Israel and Hong Kong proved the feasibility of a retail central bank digital currency (rCBDC) ecosystem that combines accessibility, competition and preventative cyber security, while retaining key advantages of physical cash.

/crypto

Bank of Israel outlines scenarios for issuing a digital shekel

The Bank of Israel Steering Committee on the Potential Issuance of a Digital Shekel outlines potential scenarios for deciding to issue a digital shekel; The following are the main points:

Central banks conclude cross-border CBDC experiment, Project Icebreaker

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Central banks conclude cross-border CBDC experiment, Project Icebreaker

Project Icebreaker, a joint initiative from the Bank for International Settlements and the central banks of Israel, Norway, and Sweden, has successfully concluded a study on the potential benefits and challenges of using retail central bank digital currencies (CBDC) in international payments.

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Bank of Israel opens payment network to international payments firms

The Bank of Israel has issued a framework providing international payment service providers access to regulated payment systems in Israel.

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Bank of Israel sets out stablecoin rules

By force of its functions to maintain financial stability, to manage the monetary policy, and to regulate the payment systems in Israel, the Bank of Israel is examining the issue of activity in digital assets, and their impact on the areas under the Bank’s purview.

Central banks explore CBDC for international retail payments

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Central banks explore CBDC for international retail payments

The central banks of Israel, Norway and Sweden are working with the Bank for International Settlements to explore how CBDCs can be used for international retail and remittance payments.

Bank of Israel investigates anonymous digital shekel payments

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Bank of Israel investigates anonymous digital shekel payments

The Bank of Israel has been experimenting with technology that would allow some CBDC payments to be made anonymously.

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Bank of Israel completes project to establish and operate a new data center

The Bank of Israel’s Information Technology Department announced the completion of a project to establish a new data center at the Bank.

Bank of Israel opens public consultation on digital shekel

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Bank of Israel opens public consultation on digital shekel

The Bank of Israel is to open a public consultation on the potential issuance of a digital shekel.

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Bank of Israel encourages participation in hackathon on the use of ISO 20022 for x-border payments

The Bank of Israel’s Payment and Settlement Systems Department encourages payment system operators, banks, payment service providers, and fintech companies to register for and take part in a global hackathon on the use of the ISO 20022 Standard for promoting cross-border payments.

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Bank of Israel conducts nationwide drill of currency system to prepare for an earthquake scenario

On February 22 and 23, the Bank of Israel Currency Department held a nationwide emergency drill involving all elements of the currency system that are connected with the supply of cash to the public during emergency and routine times.

Bank of Israel sets deadline for EMV switch

Bank of Israel sets deadline for EMV switch

Israel's financial services industry has been given three-and-a-half years to migrate their customers from mag-strip to EMV chip credit cards.

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