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Policy
Israel Introduces its First Regulated Digital Currency: The Shekel Stablecoin
The Israeli Capital Market Authority has given the green light to a stablecoin pegged to the shekel, a first for the country. Following a thorough two-year evaluation and pilot phase, Tel Aviv-based cryptocurrency exchange Bits of Gold has been authorized to issue the token. Developed in conjunction with the Solana network, crypto custodian Fireblocks, and with auditing oversight from EY, BILS re…
April 28, 2026, 10:39 a.m.
Policy
Israel Introduces its First Regulated Digital Currency: The Shekel Stablecoin
In a significant development, Israel's Capital Market Authority has given the green light to a stablecoin pegged to the shekel, marking the first time such a token has been approved in the country. This milestone was achieved after a two-year evaluation and pilot process, culminating in the authorization of Tel Aviv-based cryptocurrency exchange Bits of Gold to issue the BILS token. The creation …
April 28, 2026, 10:39 a.m.
Policy
Israel Introduces its First Regulated Digital Currency: The Digital Shekel
In a historic move, Israel's Capital Market Authority has given the green light to the nation'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 token. The development of BILS was a collaborative effort between Bits of Gold, the Solan…
April 28, 2026, 10:39 a.m.
Policy
Israel Introduces Its First Regulated Digital Currency: The Shekel Stablecoin
In a significant development, Israel's Capital Market Authority has granted approval for the issuance of a stablecoin pegged to the shekel, marking a first for the country. Following a two-year evaluation and pilot process, Tel Aviv-based cryptocurrency exchange Bits of Gold has received authorization to issue the token. The BILS stablecoin was created in collaboration with the Solana network and…
April 28, 2026, 10:39 a.m.
Policy
Israel Introduces its First Regulated Digital Currency: A Shekel-Pegged Stablecoin
The Israeli Capital Market Authority has given the green light to the nation's first regulated stablecoin, which is pegged to the value of the shekel. Following a thorough 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 made possible through a partnership between Bits of Gold, the Solana n…
April 28, 2026, 10:39 a.m.
Policy
Israel Introduces its First Regulated Digital Currency: The Digital Shekel
In a landmark decision, 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 two-year evaluation and pilot phase, Tel Aviv-based cryptocurrency exchange Bits of Gold has been authorized to issue the BILS token. The development of BILS was a collaborative effort between Bits of Gold, the Solana netwo…
April 28, 2026, 10:39 a.m.
Policy
Israel Introduces First Regulated Stablecoin Pegged to the Shekel
In a historic 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. Following a two-year evaluation and pilot phase, Tel Aviv-based cryptocurrency exchange Bits of Gold has been authorized to issue the token. The development of the token, known as BILS, was a collaborative effort between Bits of G…
April 28, 2026, 10:39 a.m.
Policy
Israel Introduces its First Regulated Digital Currency: A Shekel-Based Stablecoin
The Israeli Capital Market Authority has given the green light to the country's first regulated stablecoin, which is 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. BILS, as the token is known, was created in collaboration with the Solana network, crypto custo…
April 28, 2026, 10:39 a.m.
Policy
Israel Introduces Its First Regulated Stablecoin, the Digital Shekel
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 Israeli 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 …
April 28, 2026, 10:39 a.m.
Policy
Israel Introduces Its First Regulated Digital Currency: The Shekel Stablecoin
In a significant development, 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 Israeli shekel. This milestone was achieved 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 cre…
April 28, 2026, 10:39 a.m.