Israel: Israel-Norway-Iceland Cross-Border Retail CBDC Payments Project
Progress
Current status
under deliberation
06 Mar 2023 under deliberation
Scope
Implementers
Israel
Norway
Sweden
Policy Area
Design and testing standards
Policy Instrument
Interoperability requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
Government Body
central bank
Implementation Level
bi- or plurilateral agreement
Timeline of events
Concluded project on cross-border retail CBDC payments
On 6 March 2023, the central banks of Israel, Norway and Sweden, and the Bank for International Settlements (BIS) concluded “Project Icebreaker”, which studied the potential benefits and challenges of using retail central bank digital currencies (CB…
Event type
outline
Action type
announcement
Government branch
executive
Government body
central bank