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Israel Grants Final Approval for Shekel Stablecoin BILS on Solana

2026-04-29 00:23:57

Israeli authorities granted final approval for Bits of Gold to launch BILS, a shekel-pegged stablecoin on Solana, after a two-year pilot. BILS reserves will be held in a separate account inside Israel under National Tax Service and Ministry of Finance guidelines. The stablecoin is intended to improve real-time payments and on-chain transactions.

SOL0.81%

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