Israel Securities Authority Declares Bitcoin Is Not a Security

There are quite a few opinions on whether or not Bitcoin is a legal asset. In Israel, the decision was pretty easy to make. The country’s Securities Authority has deemed Bitcoin not a security. This is a rather remarkable and surprising decision, all things considered, and it creates an interesting precedent for the rest of the world. Israel’s Securities Authority Rules on Bitcoin Bitcoin has been receiving a ton of regulatory scrutiny over the past few months. Every country in the world is seemingly poised to introduce some form of regulation. Creating a legal definition for a form of money that has never existed before is