Saturday, February 24, 2018
Tags Israel

Tag: Israel

Israel confirms it will tax Bitcoin as property

Israel has confirmed that it will treat cryptocurrencies as taxable assets in a new circular published on Monday. Read more: www.coindesk.com

OurCrowd launched 13th investment fund, just weeks after previous fund close

Crowdfunding platform OurCrowd has launched its 13th fund on $50m, just weeks after the launch of its previous vehicle. Read more: fintech.global

Israel becomes the first Middle-East country to accept Alipay

Israel Credit Card (ICC, CAL) and OneBill have announced they will be cooperating with Chinese payment market leader Alipay to facilitate payments, Read more: www.finextra.com

Would Israel’s ICO tax plan retain startups or scare them off?

While some say the guidelines proposed by Israel's tax authority would legitimize token sales, others balk at the notion of taxing them at all. Read more: www.coindesk.com

Israel tax authority is looking to collect from ICOs

Israel is calling for a tax on upcoming ICOs for both issuers and investors, opting in a double-edged sword scenario to tighten the noose on regulation, Read more: www.ccn.com

Israel Central Bank refuses to recognize bitcoin as a currency

Israel’s central bank has said it will not recognize cryptocurrencies like bitcoin as a currency nor a foreign currency as it does “not fit the legal, Read more: www.ccn.com

Colu said to raise $14.5m from IDB

Digital wallet Colu has reportedly raised $14.5m in a new wave of funding from IDB Development Corporation. Read more: fintech.global

Viola holds $100m first close for maiden FinTech fund

Israel-based investment firm Viola has held the $100m first close for its maiden global FinTech fund. Read more: fintech.global

Japanese insurance firm Sompo opens FinTech hub in Israel

Property-and-casualty insurer Sompo announced on Monday it has opened its FinTech hub in Israel and claimed to be the first Japanese insurer to do so in a country. Read More: www.crowdfundinsider.com

OCBC partners ThetaRay to detect suspicious fund flows

OCBC Bank is raising the bar on using artificial intelligence (AI) and machine learning to combat financial crime, as it works with an Israeli FinTech to boost, Read more: www.straitstimes.com