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Bank of Israel unveils plans for CBDC
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"Central banks currently exploring digital currencies have insisted that any new monetary system interoperates with existing infrastructure, ensuring seamless exchangeability between CBDCs and bank deposits."
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"As with most other proposed CBDCs, private-sector Payment Service Providers (PSPs) will handle onboarding and customer-facing services, while the Bank of Israel will oversee issuance and system rules."
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