BTC $66,761.00 (-0.42%)
ETH $1,965.07 (-0.51%)
XRP $1.42 (-2.80%)
BNB $605.89 (-1.32%)
SOL $81.76 (-2.83%)
TRX $0.28 (-0.58%)
DOGE $0.10 (-1.62%)
BCH $559.99 (-0.02%)
ADA $0.27 (-1.79%)
LEO $8.60 (-1.61%)
HYPE $28.47 (-2.04%)
CC $0.17 (-0.71%)
LINK $8.66 (-1.47%)
XMR $329.15 (-1.05%)
XLM $0.16 (-2.17%)
RAIN $0.01 (-2.35%)
ZEC $265.16 (-9.12%)
HBAR $0.10 (-1.79%)
LTC $53.51 (-0.58%)
AVAX $8.90 (-2.19%)

Israel vs Ukraine

Crypto regulation comparison

Israel

Israel

Ukraine

Ukraine

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.

Ukraine passed the 'On Virtual Assets' law in 2022, establishing a legal framework for crypto. The NSSMC is designated as the primary regulator for virtual assets. Crypto gained significance during the Russia-Ukraine war, with Ukraine receiving over $100 million in crypto donations. Tax rules specify 18% income tax plus 1.5% military levy on crypto gains. Full implementation of the regulatory framework has been delayed due to the ongoing conflict.

Tax Type Capital gains
Tax Type Capital gains
Tax Rate 25-50%
Tax Rate 18% + 1.5% military levy
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator ISA (Israel Securities Authority), ITA (Israel Tax Authority), CTMFA
Regulator NSSMC (National Securities and Stock Market Commission), NBU
Stablecoin Rules No specific stablecoin regulation; ISA exploring digital asset framework
Stablecoin Rules Under development in virtual assets legislation
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
  • Virtual Assets law passed in 2022, establishing legal status for crypto
  • NSSMC designated as primary regulator for virtual assets; NBU handles stablecoins
  • 18% personal income tax + 1.5% military levy on crypto gains (19.5% total)
  • Over $100M in crypto donations received during Russia-Ukraine war
  • Full regulatory implementation delayed due to ongoing conflict