Bits of Gold () is not really a payment processor but claims to be the largest crypto broker in Israel. The company states that it has more than 50,000 customers, including private investors, high-tech companies, financial companies, and other organizations within and outside the financial industry. The operator is Bits of Gold Ltd in Tel Aviv-Jaffa. Youval Rouach (LinkedIn) is one of the founders and the CEO of the company.
However, Bits of Gold handles FIAT-to-crypto payments for partners such as crypto broker StormGain (www.stormgain.com) Therefore, we also list Bits of Gold as a high-risk payment processor.
So far, we have not discovered Bits of Gold in any scam or cybercrime venture and therefore list the company in our “Green Compliance Light” list.