The Tel Aviv Stock Exchange wants to update its rules to allow customers of its non-bank members to trade crypto. iamsandali reports
can provide services like investments, consulting, brokering or cashing checks but can't accept deposits from the public.
TASE's proposal to change its rules is now open for a period of public comment. After that, the proposal will be submitted for approval by TASE's board of directors, the announcement from the stock exchange said. Under the proposal, nonbank members would have to buy and sell crypto for their customers through licensed crypto trading and custody providers.
Following the crypto market turmoil in 2022, regulators in Israel have been warning the public and institutions about the risks involved with digital assets. Earlier this month, the country's
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