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ISRAEL APPROVES FIRST SHEKEL-PEGGED STABLECOIN AFTER TWO-YEAR PILOTThe Israel Capital Market Authority approved a framework for the country's first shekel-pegged stablecoin today, to be issued by licensed crypto firm Bits of Gold (@BitsofGold_LTD), per YNet. The green light follows a two-year regulatory sandbox process.Structure: the token will be backed 1:1 by the Israeli shekel, with reserves held in segregated accounts inside Israel. Liquidity and redemption mechanisms must be available at all times, and ...