📰 The Bank of Israel is holding off on its digital shekel, choosing to observe the European Central Bank's (ECB) potential digital euro first. Deputy Governor Andrew Abir disclosed that the bank is keen to see how the ECB's digital currency will be adopted by the public. The Bank of Israel began exploring the digital shekel in 2017, focusing on global trends, technological feasibility, and potential impacts on monetary policy. In 2021, a task force was established to further develop the digital shekel. 🌐💱 What are your thoughts on this cautious approach? Let's discuss below!