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News Wire / technology

Israeli Regulators Approve Shekel Stablecoin

Bluesky Social Tel Aviv 14d Impact 3
Israeli regulators have approved the BILS stablecoin, which is pegged to the Israeli shekel. The asset is issued by the Bits of Gold exchange following a two-year pilot program on the Solana blockchain.

Topics

cryptocurrency regulation stablecoin

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Sources · 7 independent

Bluesky Social

“Israeli regulators approve shekel-pegged stablecoin The approval of the BILS stablecoin issued by I. Israeli regulators approve shekel-pegged stablecoin issued by Israeli exchange Bits of Gold came after a two-year pilot program on the Solana blockchain.”

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