Dossier
Shekel-Pegged Stablecoin
Coverage of Shekel-Pegged Stablecoin in the Nexus archive.
- Israeli Regulators Approve Shekel-Pegged Stablecoin
Israeli regulators have approved a stablecoin pegged to the Israeli shekel, marking a significant regulatory step in the country's cryptocurrency market. The move aims to enhance financial innovation while ensuring compliance with local regulations.
- Israeli regulators approve shekel-pegged stablecoin
Israeli regulators approved the BILS stablecoin issued by Bits of Gold, which is pegged to the shekel and operates on the Solana blockchain. The approval followed a two-year pilot program.