The Israel Diamond Exchange (IDE) has terminated its partnership with Carats.io because the cryptocurrency company did not have regulatory approval. The IDE has required Carats.io to cease all public displays of association with the bourse and its Diamond Tech Innovation Center. The bourse has also asked the company to stop any activities on the trading floor or its online platforms.
What the IDE has wanted is the regulation of it's partners, yet they don't present it. So in my point of view, it is only righteous to terminate the deal due to misinterpretation of details.