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Lummis slams Biden’s ‘disastrous proposal’ to tax Bitcoin miners in ‘orange paper’

Senator Cynthia Lummis (R-WY) said the Biden administration’s to impose a 30% tax on Bitcoin miners is a “dangerous scheme” and an “attack on innovation. ” She argued that such a high tax rate would stifle innovation and push mining operations overseas, undermining both economic and national security interests. дальше »

2024-7-24 23:00


DAOs Make This Australian Senator Edgy, Calls Them ‘Existential Threat’ To Tax Base

Decentralized autonomous organizations, or DAOs, make some people uncomfortable. Especially this Australian lawmaker. Australian Senator Andrew Bragg kicked off the Australia Blockchain Week (ABW) conference with a no holds barred legislative proposal that he hopes would lay the foundation for DAOs and Australia’s new digital asset economy. дальше »

2022-3-21 17:49


Bitcoiner Senator, Cynthia Lummis, Is Planning to Bring In A New Crypto Bill Next Year

Wyoming Republican Senator Cynthia Lummis plans to introduce a comprehensive bill next year covering tax taxation of digital assets and their categorization to consumer protections. Lummis, who is also a Bitcoiner and one of the most vocal crypto advocates, will also be pitching Congress on creating a crypto regulatory body under the joint jurisdiction of […] The post Bitcoiner Senator, Cynthia Lummis, Is Planning to Bring In A New Crypto Bill Next Year first appeared on BitcoinExchangeGuide. дальше »

2021-12-24 16:56


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Why Elon Musk Says Crypto Skeptic Senator Elizabeth Warren Must Leave Office

One of the Senate’s most prominent crypto skeptics and Tesla/SpaceX CEO Elon Musk are in the middle of a full-scale Twitter spat. Massachusetts Senator Elizabeth Warren called Musk a freeloader for not paying income taxes as she stresses enacting a wealth tax legislation that would require Musk to pay billions in taxes. The world’s richest […] дальше »

2021-12-18 19:19


Senator assures there will be clarity in US Infra bill's tax reporting requirements

The $1 trillion US Infrastructure Bill has sent waves of panic through the crypto community. Stakeholders across the ecosystem wonder whether they'll be able to comply with the bill's stringent reportThe post Senator assures there will be clarity in US Infra bill's tax reporting requirements appeared first on AMBCrypto. дальше »

2021-11-20 00:30