US Sen. Lummis Says President Biden Is Picking ‘Winners and Losers’ With Proposed Crypto Mining Tax
The Biden administration is picking “winners and losers” in a proposal to tax cryptocurrency miners, US Sen. Cynthia Lummis said in a tweet on Thursday. The Wyoming Republican called Biden’s proposed 30 percent tax a “bl...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The Wyoming Republican called Biden’s proposed 30 percent tax a “blatant attempt by the administration to pick winners and losers.”
“I will not let President Biden tax the digital asset industry out of existence,” Lummis said. ...
Read More: US Sen. Lummis Says President Biden Is Picking ‘Winners and Losers’ With Proposed Crypto Mining Tax
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This mining story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
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