Published On: Fri, Sep 1st, 2017

Israel Securities Authority to Form Committee to Oversee and Regulate ICOs

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In July, the U.S. Securities and Exchange Commission (SEC) moved in on the “Wild West” world of ICOs, which has sent the blockchain world reeling. Now, the Israel Securities Authority (ISA) has announced its own plans to form a panel to regulate Initial Coin Offerings (ICOs).This week, the ISA announced that its chairman, Prof. Shmuel Hauser, has put together a committee to examine the regulation of ICOs. The committee will investigate the applicability of securities regulations on ICOs based on shared ledgers that are being offered to the Israeli public.On July 31, the Israeli Bitcoin Association (IBA) made …

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