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Israel latest to crack down on bitcoin

Published 12/25/2017, 03:03 PM
Updated 12/25/2017, 04:58 PM
© Reuters.  Israel latest to crack down on bitcoin
  • Israel has become the latest nation to crack down on cryptocurrencies, proposing regulation to ban companies trading in bitcoin from operating on the Tel Aviv stock exchange.
  • "I think it looks like a bubble, smells like a bubble, acts like a bubble and feels like a bubble," said Israel Securities Agency Chairman Shmuel Hauser.
  • The move follows last week's warnings by FINRA against firms that "tout the potential of high returns associated with cryptocurrency-related activities," as well as China's decision to shutter bitcoin exchanges and ban ICOs in September.
  • Bitcoin -1.5% to $13,765.
  • Related tickers: OTCQX:GBTC, COIN, RIOT, OSTK, SSC, MARA, UEPS, OTC:BITCF, XNET, GROW, OTCPK:BTSC, OTCQB:BTCS, OTCQB:MGTI, SRAX, OTCPK:GAHC, OTCQB:UBIA, OTC:ARSC, OTCPK:USTC, OTCPK:PRELF, OTCPK:BLKCF, OTC:CRCW, COINB, LFIN
  • Now read: Bitcoin: Lessons From The Crypto

Original article

Latest comments

Rich people are losing their financial influence and are jealous of the little people making fortune trading crypto. We have to stop voting these people in the office. They look only after themselves. Thanks
Nothing but big bullies!!
You forgot DPW as a huge crypto and blockchain play and a very legitimate company!
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