Israel: Public Firms to be banned from Bitcoin Trading

[CryptoGirl]

Bitcoin trading companies in Israel may soon face tighter rules imposed by the country's finance regulator.

According to Reuters, the head of the Israel Securities Authority (ISA) Shmuel Hauser said in a business conference on Dec. 26 that a proposal will be presented to the ISA board next week, which seeks to ban any company that has a major involvement in bitcoin trading from the Tel Aviv Stock Exchange (TASE).

Hauser told the news agency:

    "If we have a company [and] their main business is digital currencies, we would not allow it. If already listed, its trading will be suspended."

https://www.coindesk.com/israeli-finance-watchdog-seeks-ban-public-firms-bitcoin-trading/