Bitcoin considered Property in Israel businesses accepting crypto to pay heavily
The Israel Tax Authority (ITA) recently announced that Bitcoins and cryptocurrencies, in general, would be treated and taxed as property and not as an asset. On February 19th, the ITA through a professional circular declared, Bitcoin is an asset and not a currency.
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https://ambcrypto.com/bitcoin-cryptocurrencies-taxed-property-israel/This is one more good sign for al of us. I think that Bitcoin will be first cryptocurrency with a stable price that fluctuate but moderately. Thats so important. And using bitcoins in real economy supports this idea very much.