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Vladar49
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Israeli Authorities to Issue a Draft Requiring Reporting of Crypto Activity

Wed May 30, 2018 8:48 pm

The major financial market regulator the Israel Money Laundering and Terror Financing Prohibition Authority has created a fintech draft which is aimed at helping to track and control suspicious cryptocurrency activity, according to a local news company’s post published yesterday, May 28.

“The definition of a service in a financial asset that comes to replace and expand the term ‘currency services’ includes all the activities and services performed in financial assets through a business that does not involve granting credit. The intention is to enable the supervision of financial services, other than tangible assets or standard financial means, in an area that has been developing in recent years,”.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/israeli-authoritie ... sue-draft/

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