Tag: 30% tax
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...
Sen. Cynthia Lummis Joins Fight Against Biden’s Crypto Tax
Bitcoin mining remains a polarizing subject. The activity has drawn the ire of the Biden administration. Senator Cynthia Lummis has aligned with the Bitcoin...
Joe Biden Slams Wealthy Crypto Traders: What You Need To Know On The President’s Anti-Bitcoin Stance
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Joe Biden takes a swipe at cryptocurrency traders and “wealthy tax cheats”, insisting they remain undeserving of tax cuts and similar...
Biden Angers Crypto Traders with Wealthy Tax Cheat Comparison
Crypto is becoming a political issue in the U.S. The Biden administration has again placed the industry at the center of a bipartisan dispute....
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...
US Deficit Jumps by $700 Billion
The United States government has spent almost $1 trillion more than it has taken in income for just the past seven months of the...
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...
RFK Jr. Raises Crypto Taxes, Regulation as Issues in Opening Days of 2024 Presidential Race
Robert F. Kennedy Jr., the most recent presidential candidate and a member of probably the most well-known U.S. political households, raised a variety of...
Biden’s bold move: White House wants crypto miners to pay 30% climate change tax
The Biden administration proposes a 30% tax on crypto miners to address climate change.Miners in the firing lineAccording to Yahoo News, the Council of...
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