Crypto mining under fire! The Biden administration wants to implement a 30% tax to curb its environmental impact
The Biden administration seeks to impose a 30% tax on crypto mining to address its environmental impact. The Council of Economic Advisers announced the proposal for the new tax, called the excise tax on energy and mining of digital assets (DAME), which would come into force after a transition period. Environmental impact of crypto mining … Read more Crypto mining under fire! The Biden administration wants to implement a 30% tax to curb its environmental impact