Hi all,
In my country of Israel, the govt. Securities Authority has announced that they are pursuing options to ban businesses based on bitcoin and cryptocurrencies from trading on the Tel Aviv Stock Exchange (
https://www.haaretz.com/israel-news/1.831170).
I'm trying to do a comparative research to see if other such policies have been put in place in other countries.
Does anyone know of other similar cases?
I understand the troubles that ICOs and crowdfunding are having, but downright preventing cryptocurrency-based businesses from being publicly traded seems downright silly.
It's the first time I have heard of such a policy and I don't see many other countries follow suit. A flourishing economy is in every country's best interest, even if it's based on something unconventional such as Bitcoin.
It does make sense for governments that want to fully ban cryptocurrencies though. In that case it would be inconsistent to allow cryptocurrency-businesses in the first place. Not sure if that's the route that Israel wants to take though?
[...] I don't think any crypto related company has made to stock exchange in any other country.
Let me introduce you to Bitcoin Group (owner of Bitcoin.de):
https://www.finanzen.net/aktien/Bitcoin_Group-Aktie