Tel Aviv Stock Exchange Leans To Cryptocurrency Trading
The Tel Aviv Stock Exchange (TASE) has published draft approval to expand cryptocurrency trading to non-bank members, for public comment.
On February 27, TASE first announced that the proposed structure would allow customers to deposit fiat money for the purpose of investing in digital assets.
Non-bank members will act as authorized cryptocurrency exchange and custody service providers if the proposal is approved. Client funds will be placed in a “multipurpose account” that mediates cryptocurrency trading operations.