BILS was developed in collaboration with the Solana network and crypto custodian heavyweights Fireblocks with auditing oversight provided by Big Four consultancy firm EY. 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 appro…
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