Citing Coindesk, Bank of Israel Governor Amir Yaron stated the country is preparing for more active oversight of stablecoins, emphasizing their growing role in global money flows. Yaron highlighted the need for regulatory clarity, noting that 99% of stablecoin activity is controlled by Tether and Circle. He outlined key priorities for stablecoin regulation, including 1:1 reserve backing and liquid assets. Yoav Soffer, head of the Israeli digital shekel project, revealed a 2026 roadmap, aiming to provide official recommendations by year-end.
Israel’s Central Bank Signals Improved Stablecoin Oversight as Digital Shekel Plans Advance
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