The Taxman Catches Up with Cryptocurrency in Israel

The Israeli Tax Authority (ITA) released a circular on the 17th of February containing the final details of taxation of cryptocurrency transactions and cryptocurrency mining in the country. This follows the draft that it released one month ago. The circular deals with distributed means of payment only – ICOs are still under discussion, and a final judgement is pending. As the authority...

How to Regulate ICOs and Keep Them Alive

One cannot but agree that cryptocurrencies are not trends any more but a phenomenon. Out of this phenomenon have emerged several practices and trends, and some of them can be classified as phenomena in their own right. One of these practices is the constantly growing practice of initial coin offerings (ICOs). The cryptocurrency ecosystem now contains over 800 issued cryptocurrencies, and...

When Was the Last Time that Your Company Took a Good Look in the Mirror?

After the Coronavirus reared its ugly head and forced to a halt most of the industrialized world for two months, companies across all industries and geographies are eager to restart after the lockdown.There is a problem. Most of the businesses are left with no more than nine weeks’ worth of cash in the bank and with one of their greatest single...

What are investment banks/broker-dealers and how can they help me find capital for my cannabis startup?

Founders often struggle with the time commitment required to directly pursue capital sources. Determining when and if you will need to engage investment banks will largely depend on your Capital Raising Strategy. Many startups and rapidly growing companies often do not have the resources to directly champion capital raises. Due to these constraints you may find it advantageous to engage third parties...