The Israeli Capital Market, Insurance and Savings Authority (CMISA) recently published drafts of two important circulars regulating financial asset service providers, including provisions regarding protection of virtual...more
For the first time, companies providing virtual currency services will be required to comply with Israeli anti-money laundering provisions. This follows an amendment to the Prohibition of Money Laundering Order that recently...more
While Israel’s banks are in no hurry to accept the blockchain industry and are avidly trying to keep their distance from cryptocurrencies, this is not the case elsewhere. Recently, the major global securities, derivatives and...more
Prompted by the use of digital currencies to fund terror and other illegal activity, the Israel Money Laundering and Terror Financing Prohibition Authority has published a document aimed at assisting financial bodies and law...more
7/6/2020
/ Anti-Money Laundering ,
Anti-Terrorism Financing ,
Cryptocurrency ,
FATF ,
Financial Transactions ,
Law Enforcement ,
Money Laundering ,
New Guidance ,
Regulatory Agencies ,
Terrorist Financing Regulations ,
Virtual Currency
Regulatory resistance and legal proceedings conducted by the U.S. Securities and Exchange Commission (S.E.C.) are currently hindering the realization of one of the greatest promises of blockchain technology – the transfer of...more
10/29/2019
/ Blockchain ,
CFTC ,
Cryptoassets ,
Cryptocurrency ,
Digital Currency ,
European Central Bank ,
Facebook ,
FinCEN ,
Regulatory Agencies ,
Regulatory Agenda ,
Securities ,
Securities and Exchange Commission (SEC) ,
Virtual Currency