Israel allows release of a stablecoin linked to shekel

11:29 - 28.04.2026


April 28, Fineko/abc.az. For the first time, the Israeli regulator allowed Bits of Gold to issue a shekel-linked stablecoin after successful two-year testing of security systems.

ABC.AZ reports that as part of strict supervision, full 1:1 backup coverage of assets is provided, as well as the use of a new tool to speed up calculations and create blockchain services.