shekeldigital

🚨Israel is strengthening the regulation of stablecoins and accelerating its digital shekel project 🚀. The Bank of Israel announced that it is preparing for stricter supervision of stablecoins, citing growing concern over market concentration and systemic risks.

*Key points:*

- *Regulation of stablecoins*: The Bank of Israel plans to require stablecoin issuers to maintain 1:1 reserves and liquid assets to avoid instability.
- *Digital shekel*: The digital shekel project is progressing, with a roadmap for 2026 and official recommendations expected by the end of the year.
- *Market concentration*: 99% of stablecoin activity is controlled by only two issuers, Tether and Circle, which increases systemic risks.
- *Market growth*: The stablecoin market exceeds US$ 300 billion in capitalization and US$ 2 trillion in monthly transactions ¹ ² ³.

🔥 💸 🚀 🌏
#Israel
#Stablecoins
#ShekelDigital
#Criptomoedas