Israel Archives - FortuneZ

Lawsuit Alleges $250 Million Israeli ICOs to Be Scams

May 31, 2021

Three Israeli companies, Sirin Labs, Stx Technologies Limited (Stox), and Leadcoin, are facing a lawsuit with allegations of initial coin offerings (ICO) scams involving around $250 million, The Times of Isra...

Israeli Digital Securities Exchange Gets Preliminary Ggreen Light From Regulators

February 18, 2021

An Israeli start-up that aims to establish a digital ledger technology-based digital securities exchange in the country has received its first, encouraging go-ahead from the Israel Securities Authority. In a...

Israeli Crypto Owners Notified On Disclosing Assets By ITA

December 26, 2020

Israeli crypto owners notified on disclosing assets by ITA. The revenue collector, the Israel Tax Authority (ITA), has allegedly sent notifications to thousands of Israelis who own digital currencies asking t...

Aspire Global Agrees To Pay €13.7M Retroactive Tax In Israel

January 3, 2020

iGaming supplier Aspire Global Group has agreed to pay €13.7m ($14.6m) in retroactive tax to the Israeli authorities. The company reached the agreement with the Israeli Tax Authority (ITA) to cover tax owed ...

Israeli Insurer Libra Threatens Facebook with Legal Action

July 2, 2019

An Israeli insurance company is considering taking social media giant Facebook to court over its nascent cryptocurrency, Libra. The insurer, which is also called Libra, is asking Facebook to refrain from usi...

Israeli Regulator May Create Crypto-Dedicated Trading Platform

March 6, 2019

An advisory committee, set up by the Israeli Securities Authority (ISA) in late 2017, submitted a final report on the regulation of cryptocurrencies this Wednesday. “The world of cryptographic assets proved ...

Tel Aviv Stock Exchange Launches Blockchain-Based Securities Lending Platform

May 16, 2018

The Floor, Tel Aviv’s fintech hub, has announced the release of a new platform in partnership with the Tel Aviv Stock Exchange, Accenture, Hyperledger, and Intel, according to an official press release. The ...

Israeli Regulator Proposes Sandbox for Approved ICOs

March 13, 2018

Anat Guetta, Chairwoman of the Israel Securities Authority (ISA), has announced a new approach to cryptocurrency regulation in Israel, according to local paper Calcalist. The process will include a sandbox wh...

Israeli Supreme Court Upholds Binary Options Ban

January 23, 2018

The Israeli Supreme Court has upheld the decision to put an end to binary options in and from Israel once and for all. Late last month, we reported on what could have been the last gasps of breath of the doo...

Anat Guetta to Replace Shmuel Hauser as Head of ISA, Effective Tomorrow

January 15, 2018

Today is Professor Shmuel Hauser’s last day as chairman of the Israeli Securities Authority. He is being replaced by Anat Guetta, former CEO of Entropy Financial Research, according to an ISA press release. ...