Central Bank of Israel signals improved regulation of stablecoins amid digital shekel initiative

Governor Amir Yaron of the Bank of Israel announced proactive regulation on stablecoins, highlighting their integration into global money flows, and emphasizing the necessity of regulatory clarity due to concentration risks.

Yoav Soffer, head of the Digital Shekel project, presented a roadmap aiming for 2026, discussing the future of the currency as a central bank-backed entity applicable for all transactions.

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