Israel aims for DAO regulation as it seeks regulatory control in Web3
Israeli authorities formed a multi-agency team that aims to regulate DAO operations, and a public consultation is expected to run until September 9.
Israeli authorities formed a multi-agency team that aims to regulate DAO operations, and a public consultation is expected to run until September 9.
The move will ensure uniformity across the board for financial instruments and will see digital currencies treated as securities, according to the Israel Securities Authority.
As part of its effort to improve security, the Israel Securities Authority has embedded blockchain technology in its messaging system, called Yael.
Israel’s financial regulator has announced proposals seeking to effectively ban companies dealing in Bitcoin from listing on the Tel Aviv Stock Exchange.