The Israeli Tax Authority (ITA) is cracking down on cryptocurrency tax evaders, and has reportedly issued warnings to “hundreds” of Israeli crypto enthusiasts.
Per Israeli news outlet Calcalist, the ITA has “unilaterally opened tax accounts for hundreds of Israelis identified as having cryptocurrency-related revenues.”
The report says that it has identified individuals it suspects of failing to report their earnings, and quotes an unnamed official “familiar with the matter” as stating that citizens “who travel abroad frequently without having the requisite funds on paper, or those who own over three apartments” have been sent warning letters.
Can you share a link of the source of this article? It seems to me that STOs will be the next big hype,but they will eventually crash like the ICOs. I don't believe that they are more secure than the initial coin offerings.
Hey guys, look what I found: "In search of a new investment opportunity that is fast-growing and continuously-developing? Look no further than security token offerings (STOs) as they are a valuable alternative to raising capital on a global basis and are becoming more common in today’s market of crypto fundraising.
The initial boom in the STO realm began in the latter half of 2018 and in the near future, they will be unanimously considered superior to ICO's due to increased security for investors leading to a decreased possibility for fraud. It was initially expected for 2018 to be the year of security tokens, but it was just the beginning. During this year
U.S. The Securities and Exchange Commission has stepped up pressure on the ICO market, forcing it to falter thus scared away many investors. However, this was only a necessary step in the transformation of this fundraising mechanism from a still new, incomprehensible and unsafe for investors into a truly mature, serious financial market. In the near future, we can expect that the Security Tokens industry will begin attracting back investors from both classic financial and ICO markets.
With significant progress made over the last 10 months, 2019 will be the true year for security tokens as they will replace utility tokens as the leading investment opportunity. Investing has never been so affordable. It is the combination of modern blockchain technologies and basic government control to ensure security that will make the sale of assets transparent as never before." ----------------------------- Do you agree wit it?
I'm new in the crypto world and have some questions: Which cryptocurrency in your opinion has a big chances of growth in 2019-2020? What do you think about DeepOnion ?
I've already thought about about mobile mining but now smartphones aren't so smart Well maybe in the future when our phones will become more powerful we will be able to enjoy a mm)