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Tag: 30% tax

What’s next for crypto miners after US debt ceiling deal?

In this issueUS crypto mining tax: No dealNFT lending: Awash with competitionBeijing and Web3: Red hot ambitionsFrom the editor’s deskDear Reader,Innovation is a messy...

Plans for 30% Tax on Bitcoin Mining Shut Down in New Debt Deal: Senator Warren Davidson – The Daily Hodl

Negotiations over the new debt deal squashed the Biden Administration’s plan to phase in a 30% tax on the electricity used in Bitcoin (BTC)...

Bitcoin Mining Industry Spared From 30% Tax In US Debt Ceiling Deal – CryptoInfoNet

Bitcoin mining has lately been on the focal point as a possible beneficiary in a vital negotiation. Ohio Rep. Warren Davidson has revealed {that...

US Debt Ceiling Deal Blocks 30% Bitcoin Mining Tax: Congressman – Decrypt

As the details of the agreement reached between President Joe Biden and House Speaker Kevin McCarthy on the U.S. debt ceiling were made public...

Joe Biden Slams Wealthy Crypto Traders: What You Need To Know On The President’s Anti-Bitcoin Stance

Advertisement &nbsp &nbsp Joe Biden takes a swipe at cryptocurrency traders and “wealthy tax cheats”, insisting they remain undeserving of tax cuts and similar...

Indian Government Receives Calls to Restore UPI Use for Crypto Exchanges: Report

A new proposal is about to the submitted to the Indian State government to restore the use of the country’s Unified Payments Interface...

Robert F. Kennedy Jr.: ‘Bitcoin is an Exercise in Democracy’

Bitcoin is receiving increased attention in U.S. politics. Kennedy has again reiterated his support for Bitcoin. The presidential hopeful is set to kick off...

U.S. Government Bullish on DLT, Reveals Standardization Plans

President Joe Biden’s administration, at times, appears critical of crypto. The administration recently reiterated plans for a 30% tax on crypto mining. However, the...

Weekly Market Wrap: Bitcoin rises above US$29,000, Ether recaptures US$1,900

Bitcoin fell 0.13% from April 28 to May 5 to trade at US$29,197 at 8 p.m. on Friday in Hong Kong. The world’s largest...

5 Tales from the Crypto: Partnerships, Tax Proposals, and the Rise of Perpetual Futures

News that Venmo is now accepting transfers of cryptocurrency is among the top stories in crypto of late. Here are some of the...

Robert Kennedy Jr Warns of Mega Economic Crisis — Says ‘It’s Not Just the Banks’

U.S. Presidential Candidate Robert F. Kennedy Jr. has warned that “the banking collapse is the tip of an economic mega-crisis,” emphasizing that “It’s...

30% Tax on Electricity Utilized for Crypto Mining Proposed by White House

52 mins ago | 2 mins read Bitcoin News The administration’s tax strategy...

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