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Central Bank of Israel will not issue its own digital currency for now

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An Israeli research group studying digital currencies recommends that the country"s central bank refrain from issuing its own token, according to a November 6 press release. An inter-ministerial research group, created in November 2017 by the Governor of the Bank of Israel (BOI) to “explore the issue of digital currencies of the central bank [CBDC]”, released its report this week. It says: Central banks around the world are examining the possibility of issuing digital currency and/or using distributed technologies in the payment systems, but no advanced economy has yet issued digital currency for broad use. The Bank of Israel has also established a team to study the issue. The team does not recommend that the Bank of Israel iss ... Read more about " Central Bank of Israel will not issue its own digital currency for now " on coinatory.com

North Korea wants to join the world of cryptocurrency

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According to a report published by the South Korean State Development Bank of Korea (KDB), which finances and manages large industrial facilities in the south of the country, Pyongyang has begun to search for blockchain and plans to create its own exchange platform. KDB said that Chosun Expo, a North Korean IT company, received government permission to develop a site for exchange. According to the report, Pyongyang is interested in research on technology blockchain, as cryptocurrencies can be "anonymous, hard-to-trace and easily ... Read more about " North Korea wants to join the world of cryptocurrency " on coinatory.com