Abir said whether the public will adopt a digital shekel is uncertain, and the bank is conducting a behavioral study on the subject. He said that one has to have “a good set of use cases.” But in a nation where two large banks dominate more than 60% of the market, the main incentive is to create a “level playing field for payment providers and allow them to compete with the banks”
Related posts
-
BlackRock CEO: Bitcoin is ‘digital gold’
BlackRock chairman and CEO Larry Fink said that he believes Bitcoin is a ‘legitimate financial asset... -
Huione Pay Received $150K From Wallets Tied to North Korean Hackers Lazarus: Reuters
Phnom Penh-based Huione Pay received the funds between June last year and February this year, according... -
U.S. Secret Service Chief Probably Won’t Be Fired, Polymarket Bets Signal
Each share pays $1 if the prediction turns out to be correct, and zero if not....