Crypto & Digital Assets - Israel

DevelopingSupervision of Financial Services (Regulated Financial Services) Law, 5776-2016, administered by the Capital Market, Insurance and Savings Authority (CMA/CMISA), supplemented by the AML Order 5778-2018 — with proposed Securities Law amendments and stablecoin rules pending.

Israel regulates crypto exchanges and other virtual-asset service providers as 'financial asset service providers' under the 2016 Supervision of Financial Services Law, licensed and supervised by the Capital Market, Insurance and Savings Authority (CMA). Crypto is not legal tender but is classified as a 'financial asset' (taxable capital asset), and providers must hold a CMA license plus comply with dedicated AML rules; licenses have been granted to firms including Bits of Gold, Bit2C, Hybrid Bridge and Altshuler Shaham's Horizon. As of 2025-2026 the framework is being expanded: the Israel Securities Authority has proposed bringing many tokens under securities law, and the Bank of Israel is preparing stablecoin licensing/reserve rules ahead of a planned 2026 digital shekel.

Machine-assisted translation · verified 5/23/2026 · orientation, not legal advice. English version →