Israel’s Crypto Crackdown May Intensify After Disclosure Shortfall

Jun 4, 2026 - 12:45
Israel’s Crypto Crackdown May Intensify After Disclosure Shortfall
Only 58 filers used Israel’s voluntary crypto disclosure program, far below expectations. The Tax Authority expected $1 billion in crypto tax revenue but received only $50 million. Launched August 2025, the program offers criminal immunity for crypto holders under $522,000. The Israel Tax Authority faces a major setback that could trigger an aggressive regulatory squeeze...

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