Israel Seeks to Ban Bitcoin Companies From Its Stock Exchange

Earlier this month, the chairman of the Israel Securities Authority (ISA), Shmuel Hauser, said that bitcoin-based companies wouldn’t be included in TASE indexes, adding there was a need for a regulatory framework for such instruments.

The chairman of the Israel Securities Authority (ISA), Shmuel Hauser, has announced that he would propose to the ISA board next week to ban companies based on any cryptocurrency, including Bitcoin, from trading on the Tel Aviv Stock Exchange (TASE).

If the motion is approved, it will become the subject of a public hearing and the TASE bylaws need to be amended.

“If we have a company that their main business is digital currencies we would not allow it. If already listed, its trading will be suspended,” Hauser said.

Earlier this month, Hauser said that bitcoin-based companies wouldn’t be included in TASE indexes, adding that the ISA should find appropriate regulation for such companies, as the cryptocurrency market value has grown from $18 billion to $300 billion in just a year.

“We feel that the prices of bitcoin behave like bubbles and we don’t want investors to be subject to that volatility and uncertainty. There is an importance to signal to the market where things are. … Investors should know where we stand,” Hauser said, referring to the recent slump in the price of Bitcoin.

The most popular cryptocurrency lost nearly 25 percent of its value last week, following its historic threshold of $20,000 per coin.

The statement of the high ranking official comes a day after the Jerusalem Post said that The Bank of Israel and Ministry of Finance had been working on a state-backed digital currency, the so-called “digital shekel,” which may be introduced in 2019.

3 Replies to “Israel Seeks to Ban Bitcoin Companies From Its Stock Exchange

  1. Why does Israel HAVE a stock market? Israel has been on WELFARE for 70 years and WELFARE CLIENTS are not allowed to have “assets”.
    Americans, YOU, are paying to build a 25 foot tall WALL all around Israel ……. but if You ask for a wall to protect your Families from ILLEGALS you are told you are a RACIST BIGOT By GUESS WHO —– Jewish directed LIBERALS, Schumer, Feinstein, Shiff ……………..
    Americans are only allowed a few years on welfare . Israel has been a WELFARE QUEEN for over SIXTY YEARS. Americans have to prove they have no “assets” to get welfare. Israel has over SEVENTY BILLION DOLLARS in savings, but STILL collects American CHARITY CHECKS. Americans just got their FOOD STAMPS cut, Israel got an INCREASE while Americans go hungry.
    Israel has a population of approximately 7.7 million, or a million fewer than the state of New Jersey. It is among the world’s most AFFLUENT nations, with a per capita income similar to that of the European Union.[1] Israel’s unemployment rate of 6.8% is better than America’s 7.3%,[2] and Israel’s net trade, earnings, andmen payts is ranked 30th in the world while the US sits at a dismal 193rd.[3]
    The Jewish Rabbis hold ISLAM in higher esteem than Jesus “As for Christianity, there is a dispute among Halachic authorities, but the vast majority consider it idolatry as well. Islam, on the other hand, is not considered idolatry.” Read that last bit again: “Islam, on the other hand, is not considered idolatry.” The Rabbis despise Christianity.
    While Americans argue about medical care and how much it will cost, Israel has a much more generous medical care program for its citizens and does not need to worry about the costs because it’s paid for by tax-paying American citizens in the aid we give to Israel.
    MEANWHILE America’s infrastructure is collapsing and AMERICAN CHILDREN go to bed HUNGRY & SICK while YOUR TAXES pay for Universal Healthcare for Israel.
    Israel attacks America

    1. Rabbis can be seen on Youtube video actually stating that when Judaic one world government is brought in, and the world is placed under Noahide Laws, that all Muslims will be killed also, so they will not be exempt from death, though the Jews do currently use crypto-Jewish ‘Muslims’ like the donmehs in Turkey and the Wahhabbi crypto-Jewish royal family in Saudi Arabia for their ISIS soldiers, who actually kill real Muslims.

      There are many millions of these Takfiri, or Kharijite ‘fake’ Muslims in various Middle Eastern nations surrounding Israel, remnants of the biblical Israeli Jews from thousands of years ago, who are willing to fight and die to help take territories to build the proposed area of Eretz Israel. They are aso willing to fight in other parts of the world, and many Takfiris live in the west already, and are willing to fight for Jewish aims.

  2. Just like Israeli Jews and all the rest of the Jews around the world are ‘forbidden’ to eat what have been declared GMO foods as ‘non-kosher’ by their rabbis, because the rabbis know that GMO foods are a bioweapon to make the goyim have cancer, organ failure, genetic damage, infertility and premature death, so also the Jews also ban Bitcoin from the Israeli stock exchange, and there is the surest indication that Bitcoin is a huge Jewish scam that is designed to fleece the goyim throughout the rest of the entire world.

Join the conversation. Unlike most websites, we value your opinion. Leave your thoughts in the comments below.