Regulators in Israel Eye Crypto to Give Traditional Trading a Big Boost

jossiel

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Quote from: jhongzjhong on March 10, 2019, 10:51:25 AM

Quote from: jossiel on March 09, 2019, 08:42:30 AM

A very great news, Israel is one great country and with how they look on cryptocurrencies can also give that positive signal that everyone should start looking on how they look at it.

Isreali is a growing economy today. They are trying to see how much the cryptocurrency could help them grow or down. I will be more than happy if they will be convinced that blockchain can help their economy grow. 2 years is enough for them to know that the blockchain can help them to grow as a country economically and from their daily basis. Isreal wants to find a new technology/innovative thing to spark and claim that is why blockchain is one of the things they are keeping their eyes with.

AFAIK Israel's economy has always been good and this is why there's a lot of countries that are jealous on how rich and good they are. They have the greatest brains that they can showcase and they are also into technology.

But why say that crypto's could make them down? I don't think that's very normal to say that crypto's would help the economy of a country to go down. We are all in crypto but you have said that it's going to have that negative impact on their side.

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Quote from: Sandus_Cryptolover on March 08, 2019, 01:55:43 AM

The Isreali has decided to take the bull by the horn. This is what the Isreali top Security regulators got in stock.

Israel’s top securities regulator is recommending the creation of a cryptocurrency trading platform with enhanced regulation. A committee at the Israel Securities Authority (ISA) says the move would allow companies to engage in fundraising through the issuance of digital tokens.
According to a report by Reuters, the committee’s recommendation follows two years of studying blockchain and cryptocurrencies – and after 10 years of watching traditional trading activity in Tel Aviv decline.

Source: https://dailyhodl.com/2019/03/07/regulators-in-israel-eye-crypto-to-give-traditional-trading-a-big-boost/

Wow, that's really great news for Israel! How I wish there was the same approach in Russia as well)) But it seems our government is more likely to ban all this story with cryptocurrencies and forbid it with the criminal responsibility. Following the steps of China I guess...Why governments can't understand that crypto can't be stopped, it is our financial future and nothing can prevent it from becoming so. I' more than sure in it.

Jating

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Of all the countries out there, who would have thought that Israel is very open about crypto? Grin

I echo the sentiments of most posters here, it seems that they know what they're doing and the good part is that they're trying to attract investors and one thing to do that is through regulating crypto trading. So this is another boost for us and maybe in the next 5 years, we will see Israel as one crypto hub because of its strict but very lenient crypto regulations.

jhongzjhong

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Quote from: jossiel on March 09, 2019, 08:42:30 AM

A very great news, Israel is one great country and with how they look on cryptocurrencies can also give that positive signal that everyone should start looking on how they look at it.

Isreali is a growing economy today. They are trying to see how much the cryptocurrency could help them grow or down. I will be more than happy if they will be convinced that blockchain can help their economy grow. 2 years is enough for them to know that the blockchain can help them to grow as a country economically and from their daily basis. Isreal wants to find a new technology/innovative thing to spark and claim that is why blockchain is one of the things they are keeping their eyes with.

jossiel

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A very great news, Israel is one great country and with how they look on cryptocurrencies can also give that positive signal that everyone should start looking on how they look at it.

Quote from: ricardobs on March 09, 2019, 08:05:19 AM

Let's just keep hoping that we have more of this kind of news, and also hope that other government of the world will also consider investing a lot of money in crypto.

Expect that there will be the same news in the future and it will come from those first world countries. And the twist that I can think of, those countries that announced negativity about crypto will turn green on it.

ricardobs

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Quote from: Sandus_Cryptolover on March 08, 2019, 01:55:43 AM

The Isreali has decided to take the bull by the horn. This is what the Isreali top Security regulators got in stock.

My point exactly, we have isreal to be a country that succeed in anything they do and they are also on of the best in inventing weapons and other technology equipment, if isreal is interested in crypto then I believe it's a good news for us in the crypto community because these just mean that we are going mainstream everyday and we might soon begin to see the bull run in the price of crypto.

Let's just keep hoping that we have more of this kind of news, and also hope that other government of the world will also consider investing a lot of money in crypto.

Jadesola

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This is a great move on the part of isreal and also a great news to the crypto community,this will surely add values to the crypto community at large.

fortunecrypto

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They can do it and it will become a huge success if they can do that to Etoro which is very popular among traders, they can also to that to the trading platform that they are going to set up, this could bring something great to the community and another achievement for the community.

Sandus_Cryptolover

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More on happenings in Israel.

At the current moment, Israel seems to have lots of commitment putting the country in the forecast front of the cryptoworld. News has it that The Israeli Social Exchange platform (etoro) is in serious delibration to adopt Ripple's xRapid, which is Ripple cross-border payment platform.

https://zycrypto.com/israeli-cryptocurrency-exchange-etoro-considers-adopting-ripples-xrapid/

Ripple getting more usecase would be very awesome for the company, if this deal pulls off.

Sandus_Cryptolover

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The Isreali has decided to take the bull by the horn. This is what the Isreali top Security regulators got in stock.

Israel’s top securities regulator is recommending the creation of a cryptocurrency trading platform with enhanced regulation. A committee at the Israel Securities Authority (ISA) says the move would allow companies to engage in fundraising through the issuance of digital tokens.
According to a report by Reuters, the committee’s recommendation follows two years of studying blockchain and cryptocurrencies – and after 10 years of watching traditional trading activity in Tel Aviv decline.

Source: https://dailyhodl.com/2019/03/07/regulators-in-israel-eye-crypto-to-give-traditional-trading-a-big-boost/

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