Bitcoin is Not a Security, Israeli Watchdog Says

Experts suggest that this decision may become a precedent
26 March 2018   667

The ICO's Examination and Regulation Committee of the Israeli Securities Authority (ISA) issued a series of "recommendations aimed at eliminating uncertainty and balancing technological innovation and investor protection." This is reported by Bitcoin. com.

As a general rule cryptocurrencies that are designed to be used exclusively as a medium of payment, clearing, or exchange and are not limited to a specific venture; that do not confer additional rights; and are not controlled by a central entity — will not be deemed securities.
 

ISA Committee

Analysts suggest that this decision can become a precedent, since many countries still have not developed their own approach to classifying cryptocurrencies. Israel, however, adheres to fairly progressive views on the regulation of the cryptocurrency. For example, bitcoin terminals installed in this country allow you to buy the criterion for fiat without necessarily verifying the identity.

The question of whether a cryptocurrency should be considered a security will be decided on the totality of the circumstances and features of each case in accordance with the purposes of the law. As a general rule, cryptocurrencies that confer rights similar to the rights conferred by traditional securities such as shares, bonds, and participation units, will be deemed securities. In contrast, cryptocurrencies that represent rights to a product or service and are acquired solely for the purpose of consumption and use and not for investment purposes, will not be considered securities.
 

ISA Committee

Earlier it became known that ISA intends to prevent the emergence of crypto companies in the indexes of the Tel Aviv Stock Exchange. 

First BTC Forks Battle to be Held on p2pb2b Exchange

p2pb2b exchange is going to challenge 'digital gold' fork
28 September 2018   433

Since the launch of the very first cryptocurrency, lots of developers were trying to improve Bitcoin and fix existing bugs. According to Bitcoin.com, there were 69 Bitcoin forks in total in the crypto market in April 2018 and only 10 of them were traded on exchanges. p2pb2b exchange has decided to figure out which of the forks deserve to be listed and currently holds Bitcoin Forks Battle for the first time in the history of the crypto market. The platform is not going to decide the destiny of coins itself. Instead, the community of traders will be voting for the best coins in their opinion. The winner will get a free listing on p2pb2b.

How does the Battle go?

Bitcoin Forks Battle is held on the p2pb2b exchange in 3 stages. Any of Bitcoin forks can participate. The following forks are already participating in the Battle: B2X, BCA, BCD, BCX, BIFI, BTCS, BTN, BTX, GOD, LBTC, NRO, SBTC, UBTC. There is still a chance for any other Bitcoin fork to join the competition. Only traders registered on p2pb2b with at least 0.003 BTC / 0.05 ETH / 25 USD on their account in order to exclude frauds. The voting itself is free.

  • Stage 1 - Qualification
    • The stage will last for 7 days and only 8 most voted coins will pass to the next round.
  • Stage 2 - Play-off
    • 8 coins will be randomly divided into pairs. A fixture list will be made and coins will participate in matches just like it works in football. There will be 6 matches in total, 24 hours each. 2 finalists will pass to the next stage. Coins that will make it to the play-off will receive a special offer for the listing within a month since the announcement of the battle results.
  • Stage 3 - The Final
    • The final stage will last for 5 days, the most voted coin wins the battle and gets a free listing of p2pb2b.

Bitcoin forks will finally get a chance to enter the crypto market and find its acceptance. Coin holders will be able to benefit from trading and an improved functionality that each fork has already presented. Check out the official website to participate in the Battle and choose the coin you like the most.

p2pb2b
p2pb2b

p2pb2b cryptocurrency exchange has made a reboot after 4 years of work and introduced users a completely new platform for safe and profitable trading. The team is mainly focused on the needs of businesses and large enterprises. However, each participant of the crypto market will be able to find benefits in using p2pb2b exchange. Traders get high performance, safety, and client’s support. Businesses take an advantage of a possibility to list a new coin for 5 minutes, updated API, officially registered Estonian company. More information about the platform is available on the official website.