Taxes are becoming more of a priority as cryptocurrency goes mainstream. Bittax founder, Gidi Bar-Zakay and vice president, Or Lokay Cohen, explain how cryptocurrency holders should treat taxes. Moreover, the duo goes into detail as to how cryptocurrency taxes are bridging the gap between regulators and crypto holders.

Feature: Bittax

Gidi Bar-Zakay, Bittax Founder & CEO

CPA and legal expert, formerly deputy director of the Israel Tax Authority. Gidi is a Director of the Israel CPA Association and Founder of a boutique firm specializing in tax agreements with the Tax Authority. Involved in cryptocurrencies since 2016, Gidi believes that its entry into the financial space is inevitable and provides the knowledge and the regulatory experience that becomes a necessity at the infrastructure level.

Lokay Cohen is vice president at Bittax, crypto tax calculation platform. Or has ten years’ experience with regulation, managing a leading tax consultant firm. She holds an LLM law degree, a BA in communications, and an MA in management and public policy. Through her work at Bittax, Or promotes the goal of bridging between the cryptocurrency to the taxation reality to enable tax reporting under a clear regulatory framework and specific identification method practice.