Biden

Will Biden Veto Pro-Crypto Legislation? Senator Lummis Responds

Will Biden Veto Pro-Crypto Legislation? Senator Lummis Responds

Though Congress may appear to have turned pro-crypto, the President may still present a key obstacle to passing key legislation for the industry, according to Senator Cynthia Lummis (R-WY). During a Friday interview, the congresswoman shared her perspective on how Capitol Hill’s views on crypto are evolving, and which parties remain opposed to pro-crypto legislation. […]

Will Biden Veto Pro-Crypto Legislation? Senator Lummis Responds Read More »

President Biden Proposes Crypto Mining Tax and Wash Sale Rule in 2025 Budget Proposal

President Biden Proposes Crypto Mining Tax and Wash Sale Rule in 2025 Budget Proposal

Last updated: March 11, 2024 18:54 EDT | 2 min read U.S. President Joe Biden released his 2025 budget proposal on Monday featuring a number of provisions aimed at altering the cryptocurrency industry, including a wash sale rule for digital assets and an excise tax for crypto mining operations. Biden’s Crypto Mining Tax and Crackdown

President Biden Proposes Crypto Mining Tax and Wash Sale Rule in 2025 Budget Proposal Read More »

Biden Admin Launches “Emergency” Survey Of Bitcoin Miners’ Electricity Usage

Biden Admin Launches “Emergency” Survey Of Bitcoin Miners’ Electricity Usage

The Biden Administration is imposing new reporting requirements on all U.S. cryptocurrency miners to disclose data related to how much electricity they consume. The so-called “Emergency Survey” marks another attempt by the U.S. government to curb the negative excesses of Bitcoin mining, which Democrats have widely criticized for polluting the environment. The Emergency Bitcoin Mining

Biden Admin Launches “Emergency” Survey Of Bitcoin Miners’ Electricity Usage Read More »

Please enter Coingecko Free Api Key to get this plugin works
Scroll to Top