Israel Approves First Shekel-Backed Stablecoin BILS Launch

Israel has authorized the issuance of its first shekel-backed stablecoin, BILS, marking a new phase in the country’s approach to digital asset oversight. The approval was granted to Bits of Gold, a licensed financial asset service provider, following a review process that lasted about two years and included a regulatory pilot. Authorities confirmed that the […] Read The Full Article Israel Approves First Shekel-Backed Stablecoin BILS Launch On Coin Edition.