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Joe Biden’s government proposes 30% crypto mining tax
President Joe Biden has proposed an excise tax on cryptocurrency mining companies that is 30% of the cost of the power they use. Biden's Fiscal Year 2024 budget included a proposal to implementThe post Joe Biden’s government proposes 30% crypto mining tax appeared first on AMBCrypto. дальше »
2023-3-10 17:00 | |
US authorities to impose 30% electricity tax on crypto mining
The President Joe Biden administration has proposed imposing a 30% electricity tax on crypto mining operations in the United States. The move is attracting severe criticism from industry players. Despite the unfavorable market conditions and FUD that have plagued the… дальше »
2023-3-10 16:24 | |
Biden Administration Seeks to End Crypto Tax Subsidies and Fix the Loophole
Coinspeaker Biden Administration Seeks to End Crypto Tax Subsidies and Fix the Loophole The Biden administration seeks to terminate the tax-loss harvesting strategy for crypto investors which would help the White House save $31 billion over a ten year period. дальше »
2023-3-13 13:09 | |
U.S. Treasury Department Proposes 30% Excise Tax on Crypto Mining Firms
A provision in the department’s “Greenbook,” its list of tax proposals and explanations for U.S. President Joe Biden’s budget proposal, would create a phased-in excise tax based on the costs of the electricity used in crypto mining, imposed on the companies “using computing resources” to mine cryptocurrencies. дальше »
2023-3-10 02:02 | |
Biden budget proposal aims to reduce deficit by $74M in 2024 via energy tax on crypto miners
The Biden administration has proposed a new tax on crypto mining, as seen in a 2024 budget plan published by the White House on March 9. The post Biden budget proposal aims to reduce deficit by $74M in 2024 via energy tax on crypto miners appeared first on CryptoSlate. дальше »
2023-3-10 01:19 | |
Senior U.S. House Republican Says CBDCs Could Be ‘Weaponized’ as Political Tool
One of the top Republican lawmakers, Rep. Tom Emmer (R-Minn.), is campaigning to stop what he argues is the intent of President Joe Biden’s administration to set up a digital dollar that could be deployed to collect information about citizens’ financial lives. дальше »
2023-3-10 00:47 | |
House Republicans directly criticize Biden administration for digital asset policies
"Because of actions taken by this Administration, the United States is at risk of pushing the digital asset ecosystem overseas," said Republican Financial Services Committee members. дальше »
2023-3-10 21:46 | |
President Biden’s Budget Blueprint Will Propose Changing the Tax Treatment of Cryptocurrency Transactions, Raising $24 Billion
Coinspeaker President Biden’s Budget Blueprint Will Propose Changing the Tax Treatment of Cryptocurrency Transactions, Raising $24 Billion The proposed Biden budget plan would close the current harvesting loophole on crypto tax losses, reducing wash sales trading. дальше »
2023-3-10 13:48 | |
Biden to propose changing crypto tax rules: WSJ
United States President Joe Biden will propose changes to crypto taxation in an upcoming budget plan, according to a report from the Wall Street Journal on March 8. The post Biden to propose changing crypto tax rules: WSJ appeared first on CryptoSlate. дальше »
2023-3-9 03:40 | |
Former Biden adviser urges development of digital dollar to ‘crowd out’ private crypto
Former Joe Biden administration adviser Daleep Singh told the senate banking committee on February 28 that developing a central bank digital currency — i. e. , a digital dollar — would help safeguard national interest and supersede private cryptocurrencies. дальше »
2023-3-1 19:03 | |
Ex-Biden Adviser Said Administration Was Pushing for Digital Dollar
A recent top economic advisor for President Joe Biden, Daleep Singh, told U.S. senators on Tuesday that the administration was in active pursuit of a digital dollar as a means to crowd out private cryptocurrencies that enable ransomware and sanctions violations. дальше »
2023-3-1 02:22 | |
Biden to Name Fed Vice Chairwoman Lael Brainard as Top Economic Adviser: Bloomberg
Brainard has been leading the U.S Federal Reserve's work on a potential digital dollar and has been minding the store on crypto policy discussions until the central bank appoints its permanent vice chair for supervision. дальше »
2023-2-14 06:48 | |
White House wants Congress to “step up its efforts” on crypto regulations
On Friday, the Biden administration asked Congress to expand regulators’ authority in policing the crypto industry. дальше »
2023-1-29 16:36 | |
White House cryptocurrency ‘roadmap’ recommends against pension funds
The Biden administration touted its comprehensive framework and encouraged regulators and Congress to tighten the screws on crypto in a new statement. дальше »
2023-1-29 08:53 | |
Biden Administration Releases Roadmap To Mitigate Cryptocurrency Risks
The White House has unveiled a roadmap to reduce risks associated with the wider cryptocurrency industry. дальше »
2023-1-28 20:19 | |
US President Joe Biden to Unveils Plan for Safe and Responsible Development of Crypto
US President Joe Biden has taken notice of the risks posed by this behavior and is taking steps to ensure that cryptocurrencies do not undermine financial stability. The post US President Joe Biden to Unveils Plan for Safe and Responsible Development of Crypto appeared first on BeInCrypto. дальше »
2023-1-28 19:39 | |
White House science office calls for comments on its digital asset research agenda
The office’s request for information is the latest piece in the massive research agenda in President Biden’s executive order on digital asset development. дальше »
2023-1-26 00:55 | |
US President Joe Biden Urges Democrats and Republicans to Hold Big Tech Accountable
US President Joe Biden expressed concern over Big Tech companies and called for bipartisan legislation to hold them accountable. The post US President Joe Biden Urges Democrats and Republicans to Hold Big Tech Accountable appeared first on BeInCrypto. дальше »
2023-1-11 21:21 | |
Sam Bankman-Fried meeting with Biden administration prompts speculation
the Biden administration announced that Sam Bankman-Fried (SBF) had met with Biden aides to discuss ‘pandemic prevention.’ дальше »
2023-1-6 23:16 | |
US Federal Regulators Issues Joint Statement on Risks Related to Crypto Assets to Banking Organizations
Coinspeaker US Federal Regulators Issues Joint Statement on Risks Related to Crypto Assets to Banking Organizations The joint warning statement by United States regulatory agencies is in line with Biden’s directive on the healthy adoption of blockchain technology and digital assets. дальше »
2023-1-4 14:46 | |
SBF met Biden aides to discuss crypto policy before FTX downfall
Former FTX CEO Sam Bankman-Fried “SBF” met with White House officials on at least four separate occasions in 2022. Bankman-Fried donated over $70 million to election campaigns within 18 monThe post SBF met Biden aides to discuss crypto policy before FTX downfall appeared first on AMBCrypto. дальше »
2022-12-30 14:30 | |
Sam Bankman-Fried met with Biden’s top advisors two months before FTX’s implosion
Former FTX CEO Sam Bankman-Fried met with senior White House officials on multiple occasions in 2022. дальше »
2022-12-30 13:53 | |
Forget CBDCs, Here’s Where the Biden Administration Needs to Focus in 2023
Rather than centralizing the digital dollar, lawmakers should focus on exploring a decentralized identification program and develop financial literacy programs for the general public. дальше »
2022-12-15 23:29 | |
Exploring Biden’s Executive Order on Crypto, 6 Months In
CoinDesk published its annual Most Influential series on Monday, highlighting a number of regulators, lawmakers and similarly impactful individuals. I spoke to Carole House, one of the authors of the White House executive order on crypto, to take a look at the document, its origins and where we are now. дальше »
2022-12-7 02:30 | |
Coordinating the Federal Government's Approach to Crypto
President Joe Biden raised the hopes of the U.S. crypto industry by signing an executive order that directed federal entities to better regulate crypto. That’s why Carole House, a former White House adviser and one of the order’s chief authors, is one of CoinDesk’s Most Influential 2022. дальше »
2022-12-6 15:57 | |
US President Joe Biden is pushing for tighter crypto regulations
During the G20 leaders’ summit in Indonesia, US President Joe Biden issued a statement in response to the FTX fiasco. Biden calls for stricter international crypto regulation, which would compel crypto exchanges to abide by rules similar to traditional finance.… дальше »
2022-11-21 04:02 | |
Analysis: FTX’s TRUMPLOSE Token Isn’t Proof of an FTX-Democrat-Ukraine Conspiracy
TRUMPLOSE was part of FTX’s prediction market, where degens made big bucks betting on – or against – Trump or Biden during the 2020 election. Weirdly, it’s still on their balance sheet. дальше »
2022-11-16 18:55 | |
White House Goes Back to the Future With FDIC Chair Pick Gruenberg
President Joe Biden has chosen to nominate Federal Deposit Insurance Corp. (FDIC) Acting Chairman Martin Gruenberg to return to the chairmanship he held in previous administrations. The FDIC will have a key role in how crypto will mesh with the U. дальше »
2022-11-15 01:27 | |
Midweek Update: FTX Shockwaves Continue
Industry insiders say the full impact of an FTX failure is becoming more clear, as Binance pulls out of a deal to rescue the failed exchange. US election results a "good day for democracy" according to President Biden, and may be for cryptocurrency too as new regulation looms in the US. дальше »
2022-11-11 14:00 | |
US Government Polices Facebook, Wikipedia, and Twitter – How Decentralized Social Networks Can Make a Change
As President Joe Biden presides over geopolitical shape-shifting as the poster boy of Orwellian "Thought Police", the most significant clap-back yet may be the loss of confidence in US tech companies. дальше »
2022-11-3 19:13 | |
What’s Inside the FSOC’s Long-awaited Report on Crypto Regulation
The Financial Stability Oversight Council (FSOC) published its own highly anticipated report in response to U.S. President Joe Biden’s executive order on crypto earlier this week, calling on Congress to define the line between a security and a non-security, at least as far as crypto is concerned. дальше »
2022-10-8 23:30 | |
Crypto-Asset Platforms Are Getting More Integrated Into The Traditional Financial System – Financial Stability Report
On October 3, 2022, the Financial Stability Oversight Council (FSOC) released its report in response to US President Joe Biden’s Executive Order on “Ensuring Responsible Development of Digital Assets”, issued in March 2022. дальше »
2022-10-8 19:09 | |
This UN update has managed to put U.S. regulatory authorities on the edge
The United Nations (UN) published a news piece on 3 October warning masses of the possibility of a Fed-induced global recession. The Biden administration, thus, urged Congress to speed up the implemenThe post This UN update has managed to put U. дальше »
2022-10-4 14:00 | |
Joe Biden’s Administration Implores Expedition of Crypto Regulations
President J. Biden’s government has urged Congress to pass legislation clarifying how digital currencies should be regulated, warning that delays on Capitol Hill could endanger investors. Both Cryptos and Brokerage Firms Are on the Spot The US Financial Stability Oversight… дальше »
2022-10-4 14:00 | |
New DOJ Crypto Report Laser-Focused on Law Enforcement’s Role in Biden’s Crypto Framework
In response to U. S. President Joe Biden’s March executive order on Ensuring Responsible Development of Digital Assets, the U. S. Department of Justice released a new report on law enforcement’s role in the space. дальше »
2022-9-18 15:35 | |