Israeli regulator suggests regulating cryptocurrency trading

posted 3 months ago
Israel’s market regulator recommends creating a platform to trade cryptocurrencies under enhanced regulation, which would allow companies to raise money by issuing digital tokens to investors. “The excitement that defined the field in 2017 has cooled off, but the technology is here to stay,” ISA Chair Anat Guetta said.

Along with establishing a new trading platform, the committee suggested applying securities law to cryptocurrencies, which would need to be tweaked to include “unique” disclosure demands for companies looking to issue digital tokens.
Tags: blockchain, bitcoin, news