Israeli regulator wants to ban cryptocurrency firms from stock exchange
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 that their 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....
Kind of a shot in the foot. I was reading the other day that a digital currency is being floated around for the State of Israel. Each coin would be 1 to 1. IN other words 1 shekel would be 1 coin and it would be totally State run. Nothing will change it looks like for Israel. Banks will be in total control. We will see.
We will see