My Blog List

Tuesday, 30 May 2023

US Scraps Excise Tax Proposal on Bitcoin Mining After Biden Refuses to Slash Crypto Taxes

Earlier this month, the US’ Council of Economic Advisors (CEA) floated a proposal to have Bitcoin miners pay a tax equal to 30 percent of the total energy cost that they consumed in the crypto mining process. The proposal has been scrapped by the US. The decision to pull the plug on this proposal could be part of a bunch of tax-related rebates introduced by the US a...

from Meet Patel

No comments:

Post a Comment

Infinix Note 40 Pro Reportedly Spotted on FCC; Could Feature 12GB RAM, 256GB Inbuilt Storage

Infinix Note 40 Pro has reportedly been listed on the US regulatory agency FCC. The listing suggets that the phone is likely to get 12GB RAM...