White House Pushes for Punitive Tax on Crypto Mining

The Biden administration is campaigning for a tax first sought in a recent federal budget proposal, advocating that crypto miners pay an amount equal to 30% of their energy costs.
Read more: https://www.coindesk.com/policy/2023/05/02/white-house-pushes-for-punitive-tax-on-crypto-mining/?source=Snapzu