Hauser: “Bitcoin’s Value is Out of Control, It’s Like the Gold Rush All Over Again”

[kreslik.news]

What does the future hold for the Israeli cryptocurrency market? According to the current regulator, it doesn’t seem promising. Prof. Shmuel Hauser, the head of the Israeli Securities Authority (ISA), is determined to use the time remaining in his tenure to impose strong regulations on cryptocurrencies and ICOs.

Hauser said that while Blockchain is a legitimate technology that will surely become a part of the financial landscape, Bitcoin deeply concerns him.

Paternalistic, Sympathetic and Bold

“It seems that Bitcoin’s value is out of control. It reminds me of the gold rush of the 19th century,” he said. “There’s no information on supply and ... (read more)