The Israel Institute of Chartered Accountants has set up a regulatory committee of experts to regulate the use of cryptocurrencies in the country.
The Jerusalem PostAccording to the news of Israel’s cryptocurrency exchanges unsuccessful attempts to regulate next Chen Schreiber headed by Institute of Chartered Accountants, decided to set up a civilian expert committee. Minister Schreiber For this move:
Recent events in the market make the need for regulation in this area more evident.
said.
To the committee, Ofer Malka, former Director General of the Ministry of Transport will preside. Committee, financial crimes Assistant State Attorney specializing in Yehuda Sheffer and Blockchain Center of Excellence head Dr. Milly Perry It also includes other experts such as
Other members hosted by the committee include prof. Adi Eyal, Dr. Rami Sasson, Dr. Ari Ahiez, Dr. Hadar Jabotinsky and CEO of Jaguar Law Firm, Jaguar Adva Gal is located.
In the Committee, such as the Ministry of Justice, the Ministry of Finance, the Securities Authority and the Bank of Israel There are no representatives of the regulators.
President Schreiber’s purpose of establishing the committee is to advise the Israeli government on regulations to protect investors, ensure fair competition, and ensure optimum compliance with the Israeli market. make recommendations.
Indeed, although this institution is a public committee, its recommendations It is not binding on the Treasury or the Central Bank.