CBDC Project Manager
Bank of Israel
Yoav Soffer has been with the Bank of Israel for 19 years, serving in various Positions . In 2020 he was appointed an Advisor to the Deputy Governor and the CBDC Project Manager, and coordinates the Bank of Israel's work on the digital shekel. Yoav has a B.A in Economics and Geography and an M.A in Economics from Ben Gurion University in Israel. He has taught in several academic institutions in Israel.
About the company
Bank of Israel is the central bank of Israel.
The Bank of Israel has been studying the topic of CBDCs since 2017, and launched "the digital shekel project" at the end of 2020, in order to prepare an action plan for a potential issuance of a CBDC in Israel. The bank is conducting technological experiments, some of them in cooperation with other central banks and the BIS, as well as policy and business analysis. Recently, the Bank began to work on a detailed design for the potential digital shekel. This is done by exploring different topic areas and accumulating decisions and requirements, which would eventually provide a complete design document.
Panel discussion : Cross Border Payments with CBDC
This panel discusses the intricate landscape of cross-border transactions CBDCs. It explores the potential of CBDCs to streamline international payments, enhance remittance processes, and facilitate borderless transactions. It offers insights into the regulatory challenges, interoperability frameworks, and collaboration between central banks required to harness the full potential of CBDCs in a global context.