Israel

Animoca Brands Acquires Most of Educational Tech Company TinyTap for $38.9M
Hong Kong-based gaming investment firm Animoca made the acquisition one week after it revealed a $1.5 billion portfolio.

Israel's Bank Leumi to Offer Crypto Trading
The bank is working with New York-based custody and trading platform Paxos to bring the service to customers.

Bank of Israel Publishes Draft Guidelines for Crypto Deposits
Banks in the country may no longer be able to bluntly refuse fiat deposits originating from crypto activities.

Binance Halts Activities in Israel Following Regulator Intervention: Report
Certain services are suspended while the country's Capital Markets Authority reviews the exchange's licenses.

Israel's Securities Regulatory Chief Lays Out Crypto Plans
The securities regulator is hosting a blockchain hackathon next month as a first step towards establishing broader oversight in the country’s fintech space.

eToro Expands US Offerings to Include Stocks, ETFs
eToro is increasing its U.S. investment offerings to include stocks and ETFs. The Israel-based financial services firm also expects to go public through a SPAC merger with Fintech Acquisition Corp. V in June. Guy Hirsch, managing director of eToro USA, shares insights into the expansion and forthcoming IPO. Plus, crypto market predictions for 2022.

Coinbase Acquires Cryptographic Security Firm Unbound for Undisclosed Sum
As part of the acquisition, Coinbase will also establish a presence in Unbound’s native Israel.

Crypto Heavyweight Moshe Hogeg Reportedly Arrested in Israel
The extensive list of allegations against Hogeg include misleading investors, theft, money laundering and sexual assault

Israel’s New AML Rules May Help Banks Onboard Crypto Clients
Regulators still need to issue guidance for banks on how to deal with crypto-related transactions

Celsius Acquiring Israeli Cybersecurity Company GK8 for $115M
GK8 was founded by Lior Lamesh and Shahar Shamai, who have worked as cybersecurity experts at the Office of the Prime Minister of Israel.

