Israel's regulators proposed classifying crypto as securities, but what would be the impact on the industry? According to Altshuler Shaham Horizon's CEO “you cannot classify all the digital assets as securities because it will kill the industry.”
He explained the current proposal is to have digital assets under the supervision of the Israel Securities Authority , the nation’s securities regulator.
It seeks to amend the definition of securities to include “digital assets” used for financial investment. It clarified the definition of “digital assets” as a digital “representation” of value or rights used for financial investment. Under the ISA’s proposal, issuers of digital assets would be required to publish a prospectus-like document before issuing or registering digital assets for trading.Meanwhile, the Ministry of FinanceIsraeli court rules authorities can seize crypto in 150 blacklisted wallets
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Proposed Israeli law to classify crypto as securities will 'kill the industry'Proposed regulations from the Israel Securities Authority (ISA) to reclassify cryptocurrencies as securities would seriously damage the crypto industry in Israel according to Altshuler Shaham Horizon CEO, Ilan Sterk.
Weiterlesen »
New US Race, Ethnicity Standards Proposed for First Time Since 1997The federal government’s standards haven’t been changed since 1997, two decades after they were created as part of an effort to collect consistent race and ethnicity data across federal agencies when handling censuses, federal surveys and application forms for government benefits.
Weiterlesen »
Genesis creditors to expect 80% recovery under proposed restructuring planDigital Currency Group (DCG) is handing over its equity stake in a Genesis trading entity to the global holding company for the bankrupt crypto lender.
Weiterlesen »
D.C.’s street vendors hopeful about proposed bill to relax restrictionsIf the bill passes, D.C. would join cities like New York and Los Angeles in overhauling its street vending rules.
Weiterlesen »
Frisco Council, Planning Commission to Talk Proposed Theme Park TuesdayPublic input is encouraged on proposed Universal Studios Frisco theme park and resort that is slated for completion by 2026.
Weiterlesen »
Proposed Bill Would Make Car Theft in Colorado a Felony Regardless of Vehicle ValueA bipartisan group of Colorado legislators want to make sure the state's many auto theft victims are treated equitably.
Weiterlesen »