Tel Aviv Stock Exchange moves toward offering crypto trading
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A draft for the approval of an expansion of crypto trading activities to non-banking members has been published by the Tel Aviv Stock Exchange (TASE) for public comments.
In a TASE first, a Feb. 27
The TASE announcement stated the current regulatory approach in Israel is to “impose regulation on financial activities or services in digital assets similarly to that currently applied to non-digital assets.”
However, the TASE remained confident, concluding:
“TASE believes that the alignment of local regulation with international regulation will attract more foreign investments and foreign investors into the Israeli market.”
In September, Israeli crypto exchange Bits of Gold became the first in the country to receive a license from the Capital Markets Authority.
