A proposed definition change by an Israeli regulator would cause immense harm to the local crypto industry, according to the CEO of Altshuler Shaham Horizon.
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The body overseeing the securities market in Israel is taking steps to incorporate rules for digital assets into the existing legislation. The regulator released a draft proposal to introduce the changes that would define the legal status of cryptocurrencies in the country. Amendments to Israel’s Securities Laws Aimed at Expanding Supervision Over Crypto Arguing that […]
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After tasking multiple committees over the years, the Israeli Authority is ready for public comment on its proposal of crypto legal framework
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An Israel Securities Authority (ISA) committee tasked with examining the regulation of crypto coin offerings has submitted its final recommendations today, March 6. They include the option of creating a dedicated platform for trading digital assets. Also Read: In the Daily: Opera Browser, EY Tax Tool, Elliptic, Cryptopia Exchange Regulating Coin Offerings in Israel The […]
The post Israel Securities Authority Wants a Dedicated Token Exchange appeared first on Bitcoin News.
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In today’s edition of The Daily we cover stories about a well known economics professor and outspoken crypto-skeptic who is going to speak about the subject at the U.S. Senate, bitcoin-buying service Coinmama adding support for SEPA bank accounts holders, and more. Also Read: Regulations Roundup: Crypto-Intermediaries in France, SEC Deadline for Rejected ETF Commentary […]
The post The Daily: Crypto-Skeptic Professor to Speak at US Senate, Coinmama Adds SEPA appeared first on Bitcoin News.
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Israel Securities Authority (ISA) Committee for the Examination and Regulation of Initial Coin Offerings (ICOs) issued a series of “recommendations designed to dispel uncertainty and strike a balance between technological innovation and the protection of the investors.” Included in their findings were whether cryptocurrencies such as bitcoin are considered securities – a decision carrying major […]
The post Israel Officially Declares Bitcoin Is Not a Security appeared first on Bitcoin News.
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In a bid to reduce systemic risk, the Israel Securities Authority has announced that it will not include companies operating in the cryptocurrency industry will not be included in the country’s stock exchange indices. News of the determination has been published alongside a public warning issued that seeks to inform prospective investors of the risks […]
The post Israeli Crypto Companies Banned From Stock Exchange Indices appeared first on Bitcoin News.
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Although cryptocurrencies became a lot more popular last year, they also pose a big problem for regulators. Most recently, the Israel Securities Authority proposed a ban on trading shares of cryptocurrency-related companies. This is a rather interesting development, especially when considering that no other country around the world has done so. Israel Takes an Aggressive Stance Toward Cryptocurrencies When it comes to Bitcoin and other cryptocurrencies, opinions are still divided. Governments and regulators don’t always see eye-to-eye on this front, which is anything but surprising. After all, the concept of regulating cryptocurrency itself is ludicrous, since no one can control these currencies.
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