Israel approves BILS shekel stablecoin after Solana pilot
Israeli regulators have approved the launch of BILS, a shekel-pegged stablecoin issued by local virtual exchange Bits of Gold. Summary…
Tag: Shekel
Israel’s Central Bank Chief Warns Stablecoins Are Now Systemic as Digital Shekel Advances
Bank of Israel Governor Amir Yaron signaled that the country is preparing for far more active oversight of stablecoins. Speaking…
Shekel Reaches 30-Month High Against Dollar Amid Geopolitical Developments
The Israeli new shekel has reached its strongest level against the US dollar in over 30 months, specifically since January…