Best Israel 🇮🇱 Bitcoin Casinos online 2024

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About Israel:

Israel, officially the State of Israel, is a country in the Middle East, on the southeastern shore of the Mediterranean Sea and the northern shore of the Red Sea. It has land borders with Lebanon to the north, Syria to the northeast, Jordan on the east, the Palestinian territories of the West Bank and Gaza Strip to the east and west, respectively, and Egypt to the southwest. The country contains geographically diverse features within its relatively small area. Israel’s economic and technological center is Tel Aviv, while its seat of government and proclaimed capital is Jerusalem, although the state’s sovereignty over Jerusalem has only partial recognition.Israel has evidence of the earliest migration of hominids out of Africa. Canaanite tribes are archaeologically attested since the Middle Bronze Age, while the Kingdoms of Israel and Judah emerged during the Iron Age.

Country	Israel ??
Country Code	il
Currency	Israeli new shekel, ILS
Region	Near East
Population	6352117
Area, sq. mi.	20770
Phones per 1000

Bitcoin Gambling & Legislation in Israel

Want to know if you are allowed to play Bitcoin Casinos in Israel legal? Get more information here.

Is Bitcoin Legal in Israel?

Legal

As of 2017, the Israel Tax Authorities issued a statement saying that bitcoin and other cryptocurrencies would not fall under the legal definition of currency, and neither of that of a financial security, but of a taxable asset. Each time a bitcoin is sold, the seller would have to pay a capital gains tax of 25%. Miners, traders of bitcoins would be treated as businesses and would have to pay corporate income tax as well as charge a 17% VAT.