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Published on Gold Anti-Trust Action Committee (http://www.gata.org)

Israeli regulator seeks to ban cryptocurrency firms from stock exchange

By cpowell
Created 2017-12-25 22:22

By Steven Scheer
Reuters
Monday, December 25, 2017

JERUSALEM, Israel -- Israel's markets regulator will propose regulation to ban companies based on bitcoin and other digital currencies from trading on the Tel Aviv Stock Exchange, he said on Monday.

Shmuel Hauser, the chairman of the Israel Securities Authority (ISA), told the Calcalist business conference he will bring the proposal to the ISA board next week. If approved, it would be subject to a public hearing and then the stock exchange bylaws would need to be amended.

"If we have a company whose main business is digital currencies, we would not allow it. If already listed, its trading will be suspended," Hauser said, adding the ISA must find the appropriate regulation for such companies. ...

... For the remainder of the report:

https://www.reuters.com/article/us-markets-bitcoin-israel/israel-regulat... [1]



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