Israel is postponing the rules for exchanging cryptocurrencies

“This decision plays into the hands of the major financial institutions”

The Finance Committee of the Israeli Parliament (the Knesset) has convened a special session to postpone the law regulating cryptocurrency exchanges for four months.

The original law was due to take effect tomorrow (June 1st). This decision means that financial services providers and Israeli companies have no regulation for this exchange.

Last week, the Israeli Ministry of Finance, headed by Moshe …

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