Blocking Crypto Mining Tax ‘One of the Victories’ in Debt Deal: Congressman

Blocking Crypto Mining Tax ‘One of the Victories’ in Debt Deal: Congressman

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The deal between President Biden and senior Republicans to prevent the US from defaulting on its debt will affect the White House’s plan to impose stiff taxes on cryptocurrency mining. If passed, the debt deal would block a tax rule that called for a 30% tax on the electricity Bitcoin and other…

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