Bitcoin and likes, not currency but property

[kingkats0803]

Israel tax authority issued a circular noting that Bitcoin, and the likes, is not a currency but property!
How will this affect bitcoin asset holders in the country? in terms of taxation and gains?

https://news.bitcoin.com/israel-tax-authority-bitcoin-is-property-not-currency/?utm_source=OneSignal%20Push&utm_medium=notification&utm_campaign=Push%20Notifications