A digital shekel is here: Israel approves its first regulated stablecoin

A digital shekel is here: Israel approves its first regulated stablecoin

Search/NewsVideoPricesResearchConsensus 2026Data & IndicesSponsoredSearch/enPolicyShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailA digital shekel is here: Israel approves its first regulated stablecoinBILS was developed in collaboration with the Solana network and crypto custodian heavyweights Fireblocks with auditing oversight provided by Big Four consultancy firm EY.By Jamie Crawley|Edited by Sheldon Reback Apr 28, 2026, 10:39 a.m. Make preferred on Israel shekels (Ri_Ya/Pixabay)What to know: Israel granted approval for the first stablecoin pegged to the shekel.Bits of Gold was authorized to issue the BILS token under a rulebook set out by the Capital Market Authority.The shekel is one of the world's best-performing currencies against the dollar this year.Israel's Capital Market Authority granted approval for a stablecoin pegged to the shekel for the first time.

Source: https://www.coindesk.com/policy/2026/04/28/a-digital-shekel-is-here-israel-approves-its-first-regulated-stablecoin