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Home»BITCOIN NEWS»Israeli Crypto Company Launches First Shekel-Based Stablecoin Pilot
BITCOIN NEWS

Israeli Crypto Company Launches First Shekel-Based Stablecoin Pilot

By Crypto FlexsMarch 14, 20241 Min Read
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Israeli Crypto Company Launches First Shekel-Based Stablecoin Pilot
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Israel has taken an important step in the cryptocurrency space by approving the pilot for BILS, the first stablecoin pegged to the new Israeli shekel. Bits of Gold and Israeli authorities launch BILS Stablecoin in regulatory sandbox. An initiative led by cryptocurrency broker Bits of Gold in collaboration with Israel Capital Markets and Insurance (…).

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