Israeli Regulator Designates Utility Tokens Issued by Companies as Securities

<div class=”featured_image_container”> </div> <strong>The Israel Securities Authority (ISA) recently ruled that utility tokens issued by companies are securities and, therefore, cannot be classified as assets. The ISA’s decision comes after Israeli tech startup Kirobo sought to convince the regulator that its planned token issuance did not amount to a security offering. </strong> Token Value Growth …

Israeli Regulator Designates Utility Tokens Issued by Companies as Securities Read More »