Proposed Israeli legislation to categorise crypto as securities will ‘kill the business’

Proposed legal guidelines in Israel that might see cryptocurrencies categorised as securities would trigger large harm to the native crypto business, in accordance with the chief of an Israeli crypto service supplier.

Cointelegraph Journal editor Andrew Fenton spoke with Ilan Sterk, the CEO of Altshuler Shaham Horizon. The Tel Aviv-based agency supplies cryptocurrency custody and buying and selling companies and is likely one of the few corporations within the nation authorized to cope with banks.

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