Bitcoin & cryptocurrency news

Robert Kennedy Jr. condemns Biden’s proposed 30% Bitcoin mining tax

Presidential hopeful Robert F. Kennedy Jr. on May 3 condemned a 30% crypto mining tax proposed by the Biden administration and responded to concerns around crypto. Kennedy says crypto regulation is a power grab Kennedy, who is running in the 2024 U.S. presidential elections, said in a thread on Twitter: “Cryptocurrencies, led by Bitcoin, along […]

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Bitcoin & cryptocurrency news

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 line According to Yahoo News, the Council of Economic Advisers (CEA,) an agency within the U.S. Executive Office of the President, is pushing for a Digital Asset Mining Energy (DAME) tax. The CEA stated that cryptocurrency miners […]

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