Palestine To Launch Its Own Digital Currency


Jan 11, 2017
To safeguard itself against Israel interference, Palestine Monetary Authority consider creation of local digital currency within 5 years.

According to the report, due to the lack of the national official currency, citizens have to use Israeli shekel, Euro, US dollar, Jordanian dinar. The head of the Palestine Monetary Authority, Azzam Shawwa, told in the interview during the meeting of the European Bank for Reconstruction and Development in Cyprus, that local government consider creation of digital currency, similar to Bitcoin, to solve this problem.

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