Israeli Regulator Seeks Ban On Bitcoin Firms From TASE

By NoCamels Team December 26, 2017 Comments

ISA logoDecember 26, 2017 | The chairman of the Israel Securities Authority (ISA), Shmuel Hauser, said on Monday that he will move to ban companies based on crytocurrencies, like Bitcoin, from trading on the Tel Aviv Stock Exchange. Speaking at the annual conference held by business daily Calcalist, Hauser said he would bring the proposal to the ISA next week. “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 was quoted by Reuters as saying at the conference. Israel must find the appropriate regulations for such companies, added Hauser, who is stepping now as ISA chairman next month. “We feel that the prices of bitcoin behave like bubbles and we don’t want investors to be subject to that volatility and uncertainty,” Hauser said.

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