Avihai is an associate in the firm’s Regulation Department, specializing in financial regulation.
Adv. Avihai Tal represents ventures from the fintech, digital currencies, and blockchain fields, advising on the impact of local and international regulation on their operations.
Avihai counsels clients on the issuance of digital currencies, decentralized platforms (DeFi), trading exchanges (CEX, DEX), decentralized autonomous organizations (DAOs), and more.
In addition, Avihai assists various types of financial entities, including investment houses, local and foreign banks, and investment funds.
Avihai is a member of the Bar Association’s Crypto Committee.
Avihai completed his internship at Barnea.
Education:
Reichman University, LL.B. and B.A. in Government, Diplomacy, and Strategy, 2021
Admission:
Israel Bar Association, 2023
January 18, 2026
Israel Securities Authority Proposes Regulatory Relief to Licensees Providing Digital Investment Advice
In January 2026, the Israel Securities Authority (ISA) published a proposed amendment to the “Directive to licensees relating to service provision using technological means.” This directive was designed to align the provisions of the Regulation of Investment Advice, Investment Marketing and Portfolio Management Law, 1995 with the digital age.
January 14, 2026
Israel Securities Authority Clarifies When Advice Law Applies to Foreign Analyses of Israeli Companies
ISA staff confirmed that activities of foreign research firms publishing “sponsored analyses” to investors abroad are not subject to the Israeli Advice Law. This determination provides certainty for foreign entities covering Israeli companies, provided they carry out and distribute the activity exclusively outside Israel.
December 14, 2025
Israel Securities Authority Regulates Online Advertising: Mutual Funds, Likes, Influencers, and Everything in Between
The Israel Securities Authority published a new staff position recently on the regulation of advertising in digital space (including on social networks), focusing on advertising relating to mutual funds. The staff position seeks to bridge the gap between the law and the dynamic reality in today’s digital age, and focuses on regulating ongoing online activities and activities with external parties.
