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Policy
Israel Introduces its First Regulated Digital Currency: The Shekel Stablecoin
The Capital Market Authority of Israel has given the green light to the country's first regulated stablecoin, pegged to the value of the shekel. Following a two-year evaluation and pilot phase, Tel Aviv-based cryptocurrency exchange Bits of Gold has been authorized to issue the token. The BILS stablecoin was created through a collaborative effort with the Solana network and prominent crypto custo…
April 28, 2026, 10:39 a.m.
Policy
Israel Introduces Its First Regulated Digital Currency: A Shekel-Pegged Stablecoin
In a landmark move, Israel's Capital Market Authority has given the green light to the country's first regulated stablecoin, which is pegged to the value of the shekel. This development comes after a thorough two-year evaluation and pilot process, with Tel Aviv-based cryptocurrency exchange Bits of Gold receiving authorization to issue the token. The BILS stablecoin was created in collaboration w…
April 28, 2026, 10:39 a.m.
Policy
Israel Introduces its First Regulated Digital Currency: The Shekel Stablecoin
The Israeli Capital Market Authority has given the green light to the nation's first stablecoin, pegged to the value of the shekel, following a two-year evaluation process. Tel Aviv-based cryptocurrency exchange Bits of Gold has been authorized to issue the token, known as BILS, after collaborating with the Solana network and crypto custodian Fireblocks, under the auditing supervision of Big Four…
April 28, 2026, 10:39 a.m.
Policy
Israel Introduces First Regulated Stablecoin Pegged to the Shekel
In a groundbreaking move, Israel's Capital Market Authority has given the green light to the country's first regulated stablecoin, which is pegged to the value of the shekel. This development follows a two-year evaluation and pilot process, culminating in the authorization of Tel Aviv-based cryptocurrency exchange Bits of Gold to issue the token. The BILS stablecoin was created in partnership wit…
April 28, 2026, 10:39 a.m.
Policy
Israel Introduces Its First Regulated Digital Currency: A Stablecoin Pegged to the Shekel
The Israeli Capital Market Authority has given the green light to the country's first regulated stablecoin, which is tied to the value of the shekel. This development comes after a thorough two-year evaluation and pilot process, with Tel Aviv-based cryptocurrency exchange Bits of Gold receiving authorization to issue the token. The BILS stablecoin was created in partnership with the Solana networ…
April 28, 2026, 10:39 a.m.
Policy
Israel Introduces its First Regulated Digital Currency: The Electronic Shekel
In a historic move, Israel's financial regulatory body has given the green light to the country's first regulated stablecoin, pegged to the value of the Israeli shekel. Following a rigorous two-year evaluation and pilot phase, Tel Aviv-based cryptocurrency exchange Bits of Gold has been authorized to issue the digital token. The BILS stablecoin is the result of a collaborative effort between Bits…
April 28, 2026, 10:39 a.m.
Policy
Israel Introduces its First Regulated Digital Currency: The Shekel Stablecoin
In a groundbreaking move, Israel's Capital Market Authority has given the green light to the country's first regulated stablecoin, pegged to the value of the shekel. Following a rigorous two-year evaluation and pilot process, Tel Aviv-based cryptocurrency exchange Bits of Gold has been authorized to issue the token. The BILS stablecoin was created in collaboration with the Solana network and cryp…
April 28, 2026, 10:39 a.m.
Policy
Israel Introduces its First Regulated Digital Currency: The Shekel Stablecoin
The Israeli Capital Market Authority has officially approved the launch of a stablecoin pegged to the value of the shekel, marking a significant milestone in the country's financial landscape. This development comes after a thorough two-year evaluation and pilot process, culminating in Tel Aviv-based cryptocurrency exchange Bits of Gold receiving authorization to issue the token. The BILS stablec…
April 28, 2026, 10:39 a.m.
Policy
Israel Introduces its First Regulated Digital Currency: the Shekel Stablecoin
In a groundbreaking move, Israel's Capital Market Authority has given the green light to the country's first stablecoin, pegged to the value of the shekel. Following a rigorous two-year evaluation and pilot phase, Tel Aviv-based cryptocurrency exchange Bits of Gold has been authorized to issue the token. The development of BILS was a collaborative effort between Bits of Gold, the Solana network, …
April 28, 2026, 10:39 a.m.
Policy
Israel Introduces Its First Regulated Stablecoin, the Digital Shekel
The Israeli Capital Market Authority has given the green light to the country's first stablecoin, pegged to the value of the shekel. Following a two-year evaluation and pilot phase, Tel Aviv-based cryptocurrency exchange Bits of Gold has received authorization to issue the token. Dubbed BILS, the stablecoin was created in collaboration with the Solana network and leading crypto custodian Firebloc…
April 28, 2026, 10:39 a.m.