Palestine CBDC Tracker

Palestine is currently in the research phase. Palestinian Monetary Authority governor Feras Milhem said that there was work being done to eventually use digital currency for domestic and international payments.

CBDC History and Development

In June 2021, Palestinian Monetary Authority governor Feras Milhem said there were two studies on cryptocurrencies being conducted at the central bank. The ultimate goal was for a CBDC to eventually be launched for domestic and international payments.

Human Rights and Civil Liberties Concerns

A full analysis of Palestine’s treatment of civil liberties is forthcoming.

For additional information on concerns regarding violations of human rights and civil liberties, see the following reports by Amnesty International, Financial Tyranny Index, Freedom House, Human Rights Watch, Privacy International, and the U.S. Department of State. For additional information on concerns regarding the risks of CBDCs, see the following webpage and report by the Cato Institute: The Risks of CBDCs and Central Bank Digital Currency: Assessing the Risks and Dispelling the Myths.

For additional information regarding metrics, the methodology page explains each of the data points and provides their respective sources.