Israeli Court Rules Against Peer-to-Peer Binary Options Exchange

[kreslik.news]

More bad news for any binary options traders in Israel holding onto hope that a way will be found to keep the instruments legally available in the country. An Israeli court has ruled in favor of the Israeli Securities Authority (ISA) which asked to stop the activity of Peer-to-Peer platform Fairtrade, the regulator has announced.

When it was launched in December 2016, the co-founders and co-CEOs of Fairtrade, Avi Gal and Yaniv Genzer, claimed that their activities were in accordance with Israeli law: “We offer a system of trade between people and don’t need a license in Israel as ... (read more)