Israeli Draft Bill Aims To Drive Investors To Statement Bitcoin Holdings Above $61K
Draft Israeli

Israeli Draft Bill Aims To Drive Investors To Statement Bitcoin Holdings Above $61K

An Israeli draft bill seeks to demand that investors report bitcoin holdings above $61,000 to tax authorities, bitcoin advocates oppose.On Tuesday, a draft law was published by the Ministry of Finance of Israel that would demand investors there to report bitcoin holdings more significant than $61,000 to tax authorities.According to the proposed bill, the reporting…