• Written by: Crypto Breaking News
• Thu, 14 Mar 2024
•   United Kingdom

Israel has taken a significant step in the cryptocurrency domain by green-lighting a pilot for BILS, the first stablecoin pegged to the New Israeli Shekel. Bits of Gold and Israeli Authority Launch BILS Stablecoin in Regulatory Sandbox The initiative, spearheaded by the crypto broker Bits of Gold in collaboration with the Israeli Capital Market, Insurance [...]The post Israeli Crypto Firm Launches Pilot for First Shekel-Backed Stablecoin appeared first on Crypto Breaking News.

Israeli Crypto Firm Launches Pilot for First Shekel-Backed Stablecoin

Israel has taken a significant step in the cryptocurrency domain by green-lighting a pilot for BILS, the first stablecoin pegged to the New Israeli Shekel. Bits of Gold and Israeli Authority Launch BILS Stablecoin in Regulatory Sandbox The initiative, spearheaded by the crypto broker Bits of Gold in collaboration with the Israeli Capital Market, Insurance [] Source: Bitcoin.com

The post Israeli Crypto Firm Launches Pilot for First Shekel-Backed Stablecoin appeared first on Crypto Breaking News.