Israeli Tax Authorities Notify Cryptocurrency Owners to Disclose Their Holdings for Taxation Purposes
The revenue collector, the Israel Tax Authority (ITA) has reportedly sent notifications to dozens of Israelis who own digital currencies asking them to fully disclose their assets and be taxed accordingly. In addition to sending letters to local citizens, the tax body has also sent inquiries to cryptocurrency exchanges operating in Israel and those based outside the country. Data Sharing Reports of the notifications and inquiries...
Russian Parliament Foresees a Wave of Token Issuance for 2021 in the Wake of Crypto Law Promulgation
The head of the Russian parliamentary committee on financial markets and the country’s first crypto law’s author is forecasting a “surge in token issuance” for 2021 in the wake of the promulgation expected to take place in January. Russian Parliament Expects a ‘Surge in Token Issuance’ for 2021 After Crypto Law Promulgation According to the Parliamentary Gazette, Anatoly Aksakov claimed that a “big number of large enterprises” had...
Expert: Defi Could Be a Common Term in the Financial Industry in 2021
The founder of defi-related fintech Yield believes 2021 will be the year that decentralized finance (defi) becomes a “common term” in the financial industry, as the sector is now taking it seriously and building R&D labs. The Financial Industry Is Now Taking Defi Seriously, Says Expert During an interview with news.Bitcoin.com, Tim Frost, who also worked in the development and growth at early stages of crypto companies such as...
Crypto Markets Rebound, BTC Taps Another All-Time High, Bitstamp Drops XRP for US Customers
The price of bitcoin and a myriad of digital currencies have seen some significant gains on Christmas day. Bitcoin touched another all-time price high at $24,662 per coin, while many other crypto assets rebounded from the previous day’s slump. On December 25, 2020, bitcoin (BTC) touched an all-time high (ATH) at $24,662 per coin after dropping to a low of $22,879 on December 23. BTC is up over 3.7% today, over 28% for the last 30...
James Sweet: Voices of Dissent
If you are a voice of dissent, you have a unique opportunity. You live in a time that puts you at an advantage to change the world for the better. It’s true that the world is always changing; change is the only constant. But I am convinced that you have a strong say in how it will change. This is a time when the despotic rackets of the world behave like cornered rats, becoming more vicious in their desperation. You have a choice of...
