Bitcoin In July, the U.S. Securities and Exchange Commission (SEC) moved in on the "Wild West" world of ICOs , which has sent the blockchain world reeling. Now, the Israel Securities Authority (ISA) has announced its own plans to form a panel to regulate Initial Coin Offerings (ICOs). This week, the ISA announced that its chairman, Prof. Shmuel Hauser, has put together a committee to examine the regulation of ICOs. The committee will investigate the applicability of securities regulations on ICOs based on shared ledgers that are being offered to the Israeli public. On July 31, the Israeli Bitcoin Association (IBA) made its own official public statement on the topic of ICOs. The IBA cautioned potential ICO participants that it’s important to understand the huge risks that exist in investing in ICOs. This new world tends to captivate innocents tempted by the hope of getting rich quick. We implore the public considering investment in ICOs to treat the matter with serious ...
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