November 07, 2018 BY Mariela Naydenova

Where does Israel stand with its stablecoin plans?

In November 2017, the Bank of Israel put up a working group to identify the needs and possible launch of a government-backed digital coin, or a stablecoin. The group examined certain advantages and disadvantages of Israel issuing a stablecoin and concluded that the country should wait until more governments around the world introduce their own…

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