Israel Tightens Stablecoin Oversight as Digital Shekel Targets 2026 Launch

Israel is preparing stricter regulatory supervision of stablecoins as the Bank of Israel integrates them into the national payments framework. Governor Amir Yaron outlined heightened oversight requirements at a Tel Aviv conference, citing stablecoin market capitalization exceeding $300 billion and monthly transaction volumes surpassing $2 trillion. The central bank will release digital shekel recommendations by year-end, with a 2026 roadmap for implementation.