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Israeli Crypto Firm Launches Pilot for First Shekel-Backed Stablecoin

Israeli Crypto Firm Launches Pilot for First Shekel-Backed Stablecoin
© Copyright Image: Crypto Breaking News

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.

Read more: https://www.cryptobreaking.com/israeli-crypto-firm-launches-pilot-for-first-shekel-backed-stablecoin/

Text source: Crypto Breaking News

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Thu, 14 Mar 2024
Disclaimer: Financial information and news are not financial advice, read the disclaimer.
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