FinTech Legal
FinTech Guide 2024 : Israel
Band 3
About
Provided by Zioni Pillersdorf Phillip Advocates
The Fintech department at Zioni Pillersdorf Phillip is widely recognized for its proficiency in the fintech world, particularly in blockchain and cryptocurrencies.
With vast experience in the fintech industry, we advise our clients on crucial areas such as online payments, digital currencies, open banking, money transfers, electronic money, and governmental regulations, both domestically and overseas. The department specializes in furnishing legal agreements and in obtaining the requisite licenses and permits mandated by law, along with aiding its clients in capital raising, commercial agreement, IP, etc. On the litigation front, we specialize in litigation concerning the law and regulation of cryptocurrencies and blockchain. We represent and advise companies and individuals in various proceedings regarding these matters.
In this context, we represented Bits of Gold (BOG), a pioneering cryptocurrency broker, in a precedential appeal to the Israeli Supreme Court (EA 6389/17). The Supreme Court accepted our appeal, determining that BOG can continue to manage its account at Leumi Bank for trading cryptocurrencies. The case set a significant global precedent, influencing the entire field, cited worldwide, and brought about a change in the Israeli Government's attitude towards digital currencies. Following this achievement, we became the 'go-to firm' for companies and individuals involved in the cryptocurrency field.
Chambers Review
Zioni Pillersdorf Phillip Advocates is an impressive boutique based in Tel Aviv. The firm advises FinTech clients on AML, crypto assets, financing, privacy, data protection, licensing and crypto assets disputes matters.
Work Highlights
- Zioni Pillersdorf Phillip advised Bits of Gold, a large digital currency trading company in Israel, on all areas of its digital trading, including matters relating to Supervision of Financial Services Law 5776-2016, Banking Law 5741-1981, and anti-money laundering and privacy regulations.
Strengths
Provided by Chambers
"Zioni Pillersdorf Phillip is one of the best boutique firms for litigation cases involving banks. I found the team to be very responsive."
"The firm consists of experts in complex situations who provide the highest level of service for their clients."
"They are experts in their domain and handled every case we had at the top level. We're very happy about our work with them."
"Zioni Pillersdorf Phillip is one of the best boutique firms for litigation cases involving banks. I found the team to be very responsive."
"The firm consists of experts in complex situations who provide the highest level of service for their clients."
"They are experts in their domain and handled every case we had at the top level. We're very happy about our work with them."
Notable Practitioners
Ohad Phillip is a founding partner of Zioni Pillersdorf Phillip and has deep expertise in FinTech regulatory matters. Phillip advises FinTech startups as well as large digital currency trading platforms on AML, privacy, data protection and financing matters.
"Ohad Phillip is smart, reasonable and client-oriented."
"Ohad has the perfect balance between professionalism and creativity. He is great to work with and is just perfect."