Israel Crypto Forum Launches Regulatory Reform Lobby

Israel Crypto Blockchain and Web 3.0 Companies Forum has launched lobbying activities for regulatory reforms. According to KPMG research, easing stablecoin and tokenization rules along with simplifying tax compliance will contribute 120 billion shekels (38.36 billion dollars) to the economy by 2035 and create 70,000 new jobs. At the event held in Tel Aviv on February 3, Forum leader Nir Hirshman-Rub stated that 25% of the public has conducted crypto transactions in the last five years and 20% hold digital assets, designating 2026 as a critical year for the sector.

Impact of Oct. 7, 2023, attacks on Israel’s crypto ecosystem. Source: Chainanalysis

Israel Crypto Economy: 713 Billion Dollar Inflow and Challenges

According to the Chainalysis report, Israel's crypto economy saw 713 billion dollars inflow last year and grew with retail activity following the Hamas attacks. Companies like Fireblocks and Starkware are in global leadership positions, over 160 local startups attracted 5% of 30 billion dollars in sector investments. However, banks are creating difficulties in serving crypto companies, tokenized stock options are penalized with 50% tax. The National Crypto Strategy is framed with five pillars, the tax authority extended the voluntary declaration procedure.

Blockchain and digital assets startups have a large share of Israel’s Fintech sector. Source: Startup Nation Central

BTC Technical Analysis: Support Levels with Israel Developments

While Israel reforms support global BTC demand, BTC detailed analysis data shows a bearish trend. Current price: $70,804.79 (+0.01% 24h). RSI: 34.03 (oversold).

• Supports: S1 $62,909 (⭐ Strong, -10.90%), S2 $68,840 (⭐ Strong, -2.50%)
• Resistances: R1 $72,016 (⭐ Strong, +2.00%), R2 $78,962 (⭐ Strong, +11.83%)

Binance SAFU Fund added 4225 more BTC, bringing the total to 10,455 BTC (734M$), Garrett Jin invested 5,000 BTC. These accumulations could trigger regulation-friendly steps like those in Israel.

Frequently Asked Questions About Israel Crypto Regulations

• How much are Israel crypto taxes? Tokenized options limited to 50% tax, voluntary declaration extended.
• What is the Israel impact on BTC in 2026? Reforms could create 70K jobs and increase BTC demand, watch BTC futures.
• Will stablecoin rules be relaxed? KPMG: Yes, 38B$ economic contribution expected.

ALT coins could also benefit from Israel's fintech boom.