Paybox app announces that it will pay its customers from all banks an annual interest of 3% on their balance in the app.
Israel's central bank has been experimenting with a digital shekel with its Hong Kong counterpart and the Bank for International Settlements.
Reports claimed that customers could withdraw up to €1000 from their accounts regardless of whether or not they had the money available.
Online transactions have grown in popularity among Israeli society.
North Korea has previously denied organizing digital currency heists, despite voluminous evidence - including UN reports - to the contrary.
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