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White House Council Reignites 30 Percent Tax on Crypto Mining

The White House is pushing to tax cryptocurrency miners to “pay their fair share” for the costs inflicted on local communities and the environment. Electricity used in crypto-mining was similar to what is used to power a...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

White House Council Reignites 30 Percent Tax on Crypto Mining
The White House is pushing to tax cryptocurrency miners to “pay their fair share” for the costs inflicted on local communities and the environment.
Electricity used in crypto-mining was similar to what is used to power all of the country’s home computers or residential lighting, the White House’s Council of Economic Advisers noted in a blog post published on Tuesday....
Read More: White House Council Reignites 30 Percent Tax on Crypto Mining

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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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