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.
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Regulating Coin Offerings in Israel
The Committee for the Examination and Regulation of the Issuance of Cryptographic Coins was established in August 2017 to consider the applicability of local securities law to initial coin offerings (ICOs). The committee was asked to study and characterize these projects, prepare a comparative review of the law in various countries around the world, and recommend a regulatory policy outline in areas related to the securities law. This was supposed to be done while balancing the encouragement of technological innovation with the obligation to safeguard the interest of the investing public.
In March 2018, the committee published an interim report…