The Israel Securities Authority plans to incorporate digital assets into legal regulation

ChainCatcher news, the Israel Securities Authority (ISA) is establishing a new legal framework for digital assets, placing them under the supervision of the authorities, which can provide greater transparency for the industry.

According to the proposal, amendments to the country's laws would incorporate digital assets into existing securities regulations, potentially classifying most cryptocurrencies as financial investments regulated by the ISA. The authorities' proposal is open for public consultation until February 12 and is expected to come into full effect within six months after approval. (Source link)