The bank of israel has consider digital currency bank

Central Bank Considers Digital Currency for Instant Payments
Bank of Israel Digital Currency
Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month.

The Bank of Israel is reportedly considering issuing a digital currency to support a real-time nationwide payments system.

In its advent to research and foster a real-time payments system in the country, the Bank of Israel sees a central bank-issued digital currency as an option for an effective and reliable infrastructure for immediate payments. For context, the Bank of Israel published a public consultation paper [PDF] on November 15 that sought proposals for a payments infrastructure, either “centralized or distributed – that will support immediate payments in Israel.”

As Reuters reports, an anonymous Bank of Israel source has now confirmed the central bank is examining the possibility of issuing a blockchain-powered cryptocurrency for a faster payments infrastructure.