Do not assume a platform or asset is supervised. Virtual currencies are not legal tender; confirm the provider's current requirements and status before acting.
Explore 12 mapped organizationsOfficial source for regulatory status: Bank of Israel and Israeli authorities: virtual currencies are not legal tender, joint 2014 notice (supports: regulatory status, regulatory timeline)
Local review · 2026-08-17
Next review: 2026-11-17
International virtual-asset standards, crypto tax reporting framework, and adoption methodology. Local rules can change; verify with the relevant authority before acting.
Tax
Regulation
No current official national adoption figure is available to show.
No official figures are linked for this country.
Blue figures are older estimates without a verifiable official source: they are shown as context, not official data, and are not used to rank or score countries.
Middle East · ILS
Do not assume supervision or a flat rate: verify the provider and tax treatment of your transaction directly.
The Bank of Israel and other authorities publish a joint notice: virtual currencies are not legal tender in Israel.
Banking Supervision publishes a proposed AML/CFT update for payment services related to virtual currency.
Official source for these events: Bank of Israel and Israeli authorities: virtual currencies are not legal tender, joint 2014 notice (supports: regulatory status, regulatory timeline) · Ministry of Finance: Digital Asset Regulation in Israel (supports: regulatory framework, regulatory timeline) · Israeli government: July 2026 proposed AML/CFT update for bank payment services involving virtual currencies (supports: regulatory framework, regulatory timeline)
Banking Supervision published a proposed AML/CFT update in July 2026 for payment services related to virtual currency. The proposal uses a risk-based approach: provider identity and licence, asset characteristics, customer, amount, and complexity. It does not classify the general status of crypto assets or providers or approve a platform, asset, or transaction; confirm current requirements, legal entity, and licence directly before sending funds.
Official source for this framework: Ministry of Finance: Digital Asset Regulation in Israel (supports: regulatory framework, regulatory timeline) · Israeli government: July 2026 proposed AML/CFT update for bank payment services involving virtual currencies (supports: regulatory framework, regulatory timeline)
Check the linked official regulatory register or portal before choosing a provider.
Confirm tax treatment with the linked official guidance and a local professional where appropriate.
The cited official source does not provide one cost or loss formula for every individual. Form 909 requires documentation of taxable-income calculation and asset history in covered cases.
Source: Israel Tax Authority: virtual-currency activity Form 909 (supports: tax treatment, deductions)
If you must submit the 2025 annual Form 1301 return, the deadline is 29 May 2026 offline or 30 June 2026 online.
Source: Israel Tax Authority: 2025 annual individual return deadlines, Form 1301 (supports: filing deadline)
We do not show 25% or 33% as a universal rate. The Tax Authority treats realised virtual-currency profit as tax due and offers Form 909 for defined payment scenarios; calculation depends on the transaction and taxpayer.
Official tax guidance: Israel Tax Authority: digital-asset tax hub · Israel Tax Authority: virtual-currency activity Form 909 · Israel Tax Authority: 2025 annual individual return deadlines, Form 1301
| Country | Users / investors | Adoption | P2P Vol. | Status | Exchange |
|---|---|---|---|---|---|
| 🇮🇱 IsraelYou | No official figure | No official figure | No official figure | Unregulated | Verify |
| 🇦🇪 United Arab Emirates | No official figure | No official figure | No official figure | Regulated | — |
| 🇸🇦 Saudi Arabia | No official figure | No official figure | No official figure | Unregulated | — |
| 🇧🇠Bahrain | No official figure | No official figure | No official figure | Regulated | — |
| 🇰🇼 Kuwait | No official figure | No official figure | No official figure | Banned | — |
| 🇶🇦 Qatar | No official figure | No official figure | No official figure | Verify | — |
| 🇯🇴 Jordan | No official figure | No official figure | No official figure | Unregulated | — |
| 🇴🇲 Oman | No official figure | No official figure | No official figure | Regulated | — |
| 🇮🇶 Iraq | No official figure | No official figure | No official figure | Verify | — |
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Israel vs United Arab Emirates
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