Israel Approves First Shekel-Pegged Stablecoin Framework After Two-Year Regulatory Pilot

The Israel Capital Market Authority has approved a framework for issuing a shekel-pegged digital currency, BILS. The token will be issued by Bits of Gold, a licensed financial asset service provider, under regulatory supervision, Y.Net reported. Singapore Summit: Meet the largest APAC brokers you know (and those you still don’t!). BILS is intended for use…