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2019-3-6 17:59 |
An Israeli financial market regulator has given its recommendation for the creation of a heavily regulated cryptocurrency issuance platform, Reuters reports. According to the report, such a platform should allow companies to “raise money by issuing digital tokens to investors.
” If you were starting to think this sounds like a securities offering, you’d probably be right. Alongside recommendations of creating a specialist platform, the Israel Securities Authority (ISA) suggests applying already existing securities laws to digital assets like securities tokens and cryptocurrencies. The ISA has not yet declared a timeline for the creation of such a platform, Reuters states. With…
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