CBDC Tracker
Back to currencies

Palestine CBDC

Research

Palestine

Central Bank(s)

Palestine Monetary Authority

Announcement Year

2017

Status

Research

Retail/Wholesale

Retail

Main motivation/goals of the CBDC

Palestine projects to issue digital currency to circumvent Israel's control.

Description

West Bank-based Palestine's Monetary Authority (PMA) has indicated that leaders are mulling plans to issue a Palestinian digital currency in five-year time as a move to skirt around Israel' powerful control over Palestinian economy.

Link to announcement

me-confidential.com
Timeline

Last update: June 2021

June 2021

Status updated

None Research

Added data

Announcement Year: 2017

Retail/Wholesale: Retail

Description: West Bank-based Palestine's Monetary Authority (PMA) has indicated that leaders are mulling plans to issue a Palestinian digital currency in five-year time as a move to skirt around Israel' powerful control over Palestinian economy.

Main motivation/goals of the CBDC: Palestine projects to issue digital currency to circumvent Israel's control.

Link to announcement: me-confidential.com

Country / Region: Palestine

Central Bank(s): Palestine Monetary Authority

News