Israel Securities Authority Declares Bitcoin Is Not a Security

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TheMerkle Israel Bitcoin SecurityThere are quite a few opinions on whether or not Bitcoin is a legal asset. In Israel, the decision was pretty easy to make. The country’s Securities Authority has deemed Bitcoin not a security. This is a rather remarkable and surprising decision, all things considered, and it creates an interesting precedent for the rest of the world. Israel’s Securities Authority Rules on Bitcoin Bitcoin has been receiving a ton of regulatory scrutiny over the past few months. Every country in the world is seemingly poised to introduce some form of regulation. Creating a legal definition for a form of money that has never existed before is

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