The Israeli government has recently announced, through the Israeli Securities Authority panel, that it will begin scrutinizing ICOs more carefully and may potentially regulate them.
The Securities Authority head, Prof. Shmuel Hauser, has announced the formation of a committee to evaluate whether ICOs fall within the definition of a security as established by the Israeli government.
Further, the committee has been tasked with making an analysis of cryptocurrency regulations in other countries in order to evaluate the legitimacy of Bitcoin. The committee’s mandate is to create new regulatory policies which encourage alternative funding channels and technological innovation while at the same time protecting investors from unsupervised investments.
Full story at http://bit.ly/2gl2k2G
Source: CoinTelegraph
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