The government of Israel, according to the recommendations and the securities management agency (ISA), is considering the creation of a cryptocurrency exchange, which will belong to the authorities. It is expected that customers of such a trading platform will always be confident in its reliability as well as security.
It is worth noting that at the moment such cryptocurrency exchanges do not exist, although some countries still thought about such a decision. At the same time, the government is also considering the option of creating a sandbox for testing blockchain projects.
The chairman of the ISA, Anat Guetta, notes that the aforementioned solutions are intended for the development of the crypto industry as a whole, as well as for greater security of investor funds. According to her, the excitement around digital assets has subsided, and technologies that will appear in new products will be able to contribute to the scaling of the crypto sector.
Earlier on our portal, we reported that the second reading of the bill “On digital financial assets” brought new details.
