Israeli regulators approve shekel-pegged stablecoin

The approval of the BILS stablecoin issued by Israeli exchange Bits of Gold came after a two-year pilot program on the Solana blockchain.
Source: Israeli regulators approve shekel-pegged stablecoin (https://cointelegraph.com/news/israel-shekel-pegged-stablecoin-bils?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)