Three government officials in Israelβs Ministry of Finance have confirmed they are considering issuing a state-sponsored cryptocurrency the Shekel to reduce the number of cash transactions within the middle eastern country. The Push for a Regulated Digital Currency The Bank of Israel is looking into the possibility of a state-sponsored digital currency according to a few government officials that agreed to comment with the requirement of anonymity. The aim with this initiative is to reduce Read More The post βCrypto-Shekelβ May Be in the Cards for Israeli Lawmakers appeared first on Bitcoinist.com. via ICGO https://www.icgo.co.uk/redirect/?url=http://bitcoinist.com/crypto-shekel-may-be-in-the-cards-for-israeli-lawmakers/