Israel Securities Authority to Form Committee to Consider ICO Regulations

 

The head of the Israeli Securities Authority (ISA) announced that Prof. Shmuel Hauser, chairperson of the ISA, has set up a commission to review the regulation of ICOs and determining whether ICOs fall within the scope of securities legislation, on the other hand the ISA is also interested in encouraging new investment and financing options and does not want to stifle new innovations.

The new ISA Committee should present its assessments of the ICOR by 31 December 2017.

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