BTC $68,571.00 (+1.15%)
ETH $1,993.54 (+1.19%)
XRP $1.45 (+1.10%)
BNB $629.13 (+0.67%)
SOL $86.44 (+1.54%)
TRX $0.29 (+0.93%)
DOGE $0.10 (-1.52%)
BCH $564.49 (+0.31%)
ADA $0.28 (-0.63%)
LEO $8.34 (-4.01%)
HYPE $29.90 (+0.29%)
LINK $8.97 (+0.94%)
XMR $331.07 (-0.41%)
CC $0.16 (-1.29%)
XLM $0.16 (-0.10%)
RAIN $0.01 (-0.82%)
HBAR $0.10 (+0.08%)
ZEC $259.92 (+0.43%)
LTC $55.41 (+0.37%)
AVAX $9.28 (+1.49%)

Israel vs El Salvador

Crypto regulation comparison

← Back to map | Israel | El Salvador
Israel

Israel

El Salvador

El Salvador

Legal
Legal

Cryptocurrency is legal in Israel and treated as a taxable asset. The Israel Tax Authority classifies crypto as property, subject to 25% capital gains tax (or up to 50% for significant shareholders or high earners). Israel has a vibrant blockchain ecosystem with many startups and R&D centers.

El Salvador made history in September 2021 by becoming the first country to adopt Bitcoin as legal tender through the Bitcoin Law. However, under a January 2025 IMF agreement (Decreto 199), El Salvador amended the law to make Bitcoin acceptance by businesses voluntary rather than mandatory, and repealed several articles. There is no capital gains tax on Bitcoin. The CNAD regulates digital assets.

Tax Type Capital gains
Tax Type No tax
Tax Rate 25-50%
Tax Rate 0%
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator ISA (Israel Securities Authority), ITA (Israel Tax Authority), CTMFA
Regulator BCR (Banco Central de Reserva), CNAD (Comisión Nacional de Activos Digitales)
Stablecoin Rules No specific stablecoin regulation; ISA exploring digital asset framework
Stablecoin Rules USD is the primary currency; Bitcoin-specific legislation in place
Key Points
  • Capital gains tax of 25% on crypto profits (up to 50% including surtax for high earners)
  • Israel Tax Authority classifies cryptocurrency as property, not currency
  • ISA is developing a regulatory framework for digital asset trading platforms
  • AML/KYC requirements apply to crypto service providers under CTMFA supervision
  • Israel has one of the highest densities of blockchain startups globally
Key Points
  • First country to adopt Bitcoin as legal tender in September 2021 via the Bitcoin Law
  • Government developed the Chivo wallet for citizens, offering $30 USD in BTC incentive
  • January 2025 Decreto 199 made merchant Bitcoin acceptance voluntary (IMF condition)
  • No capital gains tax on Bitcoin transactions for individuals
  • Government has been accumulating Bitcoin reserves and launched Bitcoin-backed bonds
Sources
Sources