ASSI ZICHLINSKI TO ADVISE ISRAELI SECURITY AUTHORITY REGARDING ICO REGULATIONS
JERUSALEM, ISRAEL - MaxData CEO Assi Zichlinski has been asked by the Chief Economist of the Israel Securities Authority, Dr. Gitit Gur Gershgoren, to participate in a recently established committee examining the regulation of the Initial Coin Offerings (ICOs). Zichlinski, already a respected and experienced figure within the Israeli financial community, has recently been assuming an influential role within the cryptocurrency scene as well. As such, Dr. Gershgoren invited Zichlinski to advise the government on regulatory policy via the ICOs, to help Israeli companies develop and compete successfully, while ensuring investor protection.
The committee has been established with the goal of examining the applicability of Securities Laws to shared ledger offerings and the issuance of coins to the public in Israel. The members of the committee will perform a comprehensive review of the topic, as well as a comparative review of policy in other countries. At the end of the study, the organizers hope they will be able to provide concrete policy recommendations to the Securities Authority while striving to balance between encouraging technological innovation and protecting investors from the public.
Zichlinski has presented MaxData’s own token purchasers policy, based on the company’s commitment to transparency and accountability to their token holders. With the new world of ICOs still mostly unregulated and volatile, MaxData’s original founders-investors relationship could prove a blueprint for other ICOs to follow. Since its inception, MaxData has continually researched and tested various protective measures to ensure their own token purchasers remain satisfied and confident with the company’s development. In addition, he continues to advise the committee on a regular basis, to help develop a successful policy.
About MaxData: MaxData.io utilizes blockchain technology to reinvent the global service economy to bring tangible benefits to the masses. Their platform facilitates the direct connection between consumers and businesses, transforming the way people buy their services.
The company’s vision is to give ownership and profits on personal data back to consumers, reducing consumers’ cost of living while giving unprecedented value to companies making them more efficient and reducing their marketing costs. MaxData was founded by Assi Zichlinski, the CEO, an esteemed figure in the Israeli hi-tech scene - with years of experience in the financial and technological worlds. In recent years, he has melded his knowledge in both these spheres to come to the fore of the cryptocurrency scene.