Biden’s budget revives 30% tax on crypto mining to broaden digital asset tax base

2024-3-12 12:39

United States President Joe Biden has put forward a proposal in his next year’s budget to impose a 30% tax on the electricity consumption of cryptocurrency mining operations. The proposal is part of the “Fiscal Year 2025 Revenue Proposals,” aiming…

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tax biden proposal mining budget year cryptocurrency

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Источник: btcmanager.com

tax biden → Результатов: 67

Biden’s proposed $18b crypto tax leaves unanswered questions

The president of the United States, Joe Biden, recently claimed that the government is losing $18 billion due to cryptocurrency tax loopholes.

2023-5-11 18:02	United States
tax biden losing government billion cryptocurrency loopholes

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Biden’s Administration Unveils Proposed Crypto-Tax Measures

As part of President Joe Biden’s new tax enforcement measure, the US Department of Treasury has introduced legislation to combat tax evasion involving cryptocurrencies. Treasury Proposes Measures To Prevent Crypto-Tax Evasion The U.

2021-5-21 22:19	tax
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Biden’s Tax Plan Could be Bullish for Ethereum but Bearish for Bitcoin

Joe Biden, the United States president, is reportedly in the process of proposing a tax law targeted at the wealthiest Americans. The news surfaced at a bad time for cryptocurrency investors who are not exactly in their happiest of moods, and rightfully so.

2021-4-25 23:24	xbtusd
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“Taxes Don’t Matter”: People Race To Bitcoin Because Of Government-Induced Inflation, Says Jimmy Song

A renowned Bitcoin developer and proponent Jimmy Song says the rising interest in Bitcoin is driven by Government-induced inflation. He said this in reaction to the recent news of a proposed tax increase by the Biden administration.

2021-4-24 23:16	xbtusd
bitcoin inflation jimmy song government-induced says administration

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Tax Concerns May Have Contributed to Bitcoin Dip

U.S. President Joe Biden has proposed almost doubling the capital gains tax for the wealthy, which may have contributed to bitcoin’s already sliding price. The post Tax Concerns May Have Contributed to Bitcoin Dip appeared first on BeInCrypto.

2021-4-24 19:40	The United States (USA)
tax contributed bitcoin may dip concerns sliding

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Biden's Tax Proposal, Bitcoin at $30,000, XRP Rally Erased: Top Crypto News in One Video

U.Today picks three top news for (another) Bloody Friday in Crypto

2021-4-24 18:45
crypto picks today video three friday bloody

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Bitcoin Plummets Below $50,000, Extending Losses Following Biden’s New Tax Proposal

Bitcoin, since surging to new all-time high earlier this month, has continued to face a string of bad news. Earlier last week, Bitcoin prices tumbled due to Xianjiang crypto miners shutting down due to power outages — causing a record $10 billion in futures liquidations.

2021-4-23 15:53	Digital Currency
bitcoin new earlier due crypto miners week

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Global Market Slumps as Biden’s 39.6% Proposed Capital Gains Tax Shakes Wall Street

Continue reading at Coinspeaker

2021-4-23 14:53
street shakes wall continue coinspeaker reading tax

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Bitcoin (BTC) Tumbles below $50k After Biden Unveils Tax Plan

The global markets crashed today on the heels of Biden’s tax plans. Bitcoin Crashes Below $50k The world’s largest cryptocurrency by market cap bitcoin (BTC) today witnessed a steep crash shortly after U.

2021-4-23 14:00	ethereum
bitcoin biden tax today btc below 50k

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$3.7 billion liquidated as crypto markets react to Biden’s tax scare

Over $3 billion worth of crypto positions were liquidated this morning amidst a broader sell-off, data from multiple sources showed. The post $3.7 billion liquidated as crypto markets react to Biden’s tax scare appeared first on CryptoSlate.

2021-4-23 13:00	btcusd
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Bitcoin Sees Disastrous Dip Below $50,000 Following Biden’s Tax Scare

The price of Bitcoin (BTC) fell below the $50,000 mark on Friday – its lowest over the past six months – following tentative plans by US President, Joe Biden to target digital assets and raise ROI tax rates higher than that of labor in America.

2021-4-23 12:49	xbtusd
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Bitcoin Nearing Daily Low While COIN Drops Below $300 on Biden's Tax Proposal

Coinbase (COIN) plunged below $300 after Biden's taxed proposal pummeled the markets

2021-4-22 21:51
below biden proposal coin markets coinbase plunged

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U.S. Eyeing $4 Trillion in New Spending. Is Bitcoin About to Soar?

The Biden administration hopes that tax hikes will help to offset its huge spending plans

2021-3-29 19:21
spending hikes tax offset plans huge hopes

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Bitcoin Proponents Bemoan Joe Biden’s Proposed Capital Gains Hike

The U. S. presidential election is only 14 days away, and a number of bitcoin proponents have been discussing the capital gains tax implications Joe Biden plans to invoke if he wins the American presidency.

2020-10-21 00:15
bitcoin proponents gains capital joe biden plans

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As Bitcoin soars, major brands will find crypto more palatable | Opinion

Mainstream adoption of cryptocurrency will be achieved through meaningful association with name brands outside the financial and tech sectors.

Copper Technologies cancels U.K. registration in favor of global expansion

UK-based crypto firm Copper Technologies withdrew its registration to the FCA. Instead, its new CEO wants to shift the custodian’s focus towards securing operating licenses in the US and other countries.

Ohio introduces second Bitcoin reserve bill

The State of Ohio has introduced a second Bitcoin reserve bill as crypto legislation gains momentum across the U.S. ahead of Donald Trump’s inauguration. Ohio House GOP Majority Whip Steve Demetriou proposed legislation to allow the state to manage a…

Ohio lawmaker Derek Merrin introduces Bill to create state Bitcoin Reserve

A proposed legislation in Ohio seeks to incorporate Bitcoin into its financial plan. Derek Merrin, the Leader of the Ohio House Republicans, introduced the bill.

Bitcoin blasts past $108,000 – Is $210,000 next? Institutions think so

What’s behind Bitcoin’s historic rise to $108,000? From Trump’s speech to ETFs and MicroStrategy’s massive buys, could a major institutional supply squeeze be underway? Bitcoin soars to new highs Bitcoin (BTC) has once again stolen the spotlight. On Dec. 17,…

Springfield man is convicted for using crypto to finance ISIS operations

On December 13, Mohammed Azharuddin Chhipa residing in Springfield, was convicted by a federal jury on multiple counts associated with the Islamic State of Iraq and al-Sham, a foreign terrorist organization.

CZ highlights how governments are leaning towards BTC strategic reserves

Former Binance CEO Changpeng ‘CZ’ Zhao creates a thread on X, showcasing news headlines that point to governments establishing strategic Bitcoin reserves, much like the plans introduced in the U.

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2024-3-12 12:39

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