Joe Biden’s government proposes 30% crypto mining tax

By AMB Crypto - 1 year ago - Reading Time: 1 minutes

Joe Biden’s government proposes 30% crypto mining tax

President Joe Biden has proposed an excise tax on cryptocurrency mining companies that is 30% of the cost of the power they use. Biden’s Fiscal Year 2024 budget included a proposal to implement wash sale rules for crypto assets in order to close tax loopholes. The administration of U.S. President Joe Biden has proposed an […]

Original source: AMB Crypto