I was worried for that the banks would be using general Ethereum network and giving up the control of the national currencies, but luckily this does not seem to be the case [0]. Looks like it is some sort of test net now, and I really hope they'll have their own managed blockchain later:
> Use of Ethereum is within a closed network and is in no way connected to the general Ethereum currency network.
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[ 5.2 ms ] story [ 17.9 ms ] thread> Use of Ethereum is within a closed network and is in no way connected to the general Ethereum currency network.
[0] https://en.globes.co.il/en/article-bank-of-israel-adopts-eth...