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Israeli regulator seeks to ban cryptocurrency firms from stock exchange
By Steven Scheer
Reuters
Monday, December 25, 2017
JERUSALEM, Israel -- Israel's markets regulator will propose regulation to ban companies based on bitcoin and other digital currencies from trading on the Tel Aviv Stock Exchange, he said on Monday.
Shmuel Hauser, the chairman of the Israel Securities Authority (ISA), told the Calcalist business conference he will bring the proposal to the ISA board next week. If approved, it would be subject to a public hearing and then the stock exchange bylaws would need to be amended.
"If we have a company whose main business is digital currencies, we would not allow it. If already listed, its trading will be suspended," Hauser said, adding the ISA must find the appropriate regulation for such companies. ...
... For the remainder of the report:
https://www.reuters.com/article/us-markets-bitcoin-israel/israel-regulat...
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