Biden’s Proposed Nonsensical 30% Tax Would Kill Bitcoin Mining in the U.S.

Biden’s Proposed Nonsensical 30% Tax Would Kill Bitcoin Mining in the U.S.

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Source: Coindesk.com

The Biden administration recently re-introduced a proposed that would place a 30% tax on all “cryptocurrency miners” – a move that represents an ideological witch hunt against a rapidly growing industry (see my previous comments).

The move, part of the government's budget proposal for the upcoming fiscal year introduced in March, is in stark contrast to recent,

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The post "Biden’s Proposed Nonsensical 30% Tax Would Kill Bitcoin Mining in the U.S." appeared first here Coindesk.com.

Source: Coindesk.com

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