Israel's chief economist has laid out a list of recommendations as to how policymakers should tackle digital asset laws in the country in order to safely drive up crypto adoption.submitted to the Minister of Finance on Nov. 28, Shira Greenberg, Chief Economist at the Ministry of Finance, called for a more comprehensive regulatory framework that would bring trading platforms and crypto issuers in line and would expand the powers given to its financial regulators.
She also recommended the Supervisor of Financial Service Providers have broader powers to oversee licensing rules and develop a more comprehensive taxation framework for the buying and selling of digital assets. In regards to legislation, Greenberg made mention of the need to implement specific licensing and supervision rules for stablecoin issuers, along with a proposed establishment of an inter-ministerial committee to examine and regulate blockchain-based decentralized autonomous organizations .
Shitty regulations no matter how clear, are not the way.
regulation and clarity is the WAY for mass adoption JohnEDeaton1 CryptoLawUS CoinDesk good news.
Not every regulation is a bad one, nor a good one. The ideal ones lie on a middle ground, one that hasn't been reached yet.
COTInetwork
Must see ASAP!!!!