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US Debt Ceiling Bill Drops Crypto Tax in Last-Minute Twist

US Debt Ceiling Deal Blocks 30% Bitcoin Mining Tax: Congressman

US debt ceiling deal cancels 30% bitcoin mining tax - crypto.news

The Proposal Aimed To Impose

A tentative deal aimed at averting a US government default on its debts has relieved cryptocurrency miners, particularly bitcoin ones. Ohio Representative Warren

Bitcoin Mining Industry Spared From 30% Tax In US

The proposal aimed to impose a 10% tax on miners’ electricity usage from 2025, gradually escalating to 30% by 2025. The White House pointed out the significant

The Us Debt Ceiling Bill

US Congressman Warren Davidson confirmed that they successfully blocked some proposed taxes by the Biden administration in the deal, including a 30%

The US debt ceiling bill passed the House vote, sidelining the controversial crypto taxation issue, thereby preventing a potential default and ensuring financial stability.

According to Rep. Warren Davidson, legislation to address the U.S. debt ceiling blocks “proposed taxes,” including a 30% tax on electricity used by crypto miners.

If Passed

Deal to avoid US debt default nixes proposed 30% crypto mining

If passed, it would impose a 30% tax on cryptocurrency mining firmsa move that the Biden administration argued was required to limit the environmental and societal

Proposed 30% Crypto Mining Tax Dropped in US Debt Ceiling Deal

According To Ohio Lawmaker Warren

Biden's 30% Bitcoin Mining Tax Scrapped In Debt Ceiling Deal

U.S. Congress revokes 30% Crypto Mining Tax in Debt Ceiling Deal

According to Ohio lawmaker Warren Davidson, the Biden administration's proposal to impose a 30% tax on Bitcoin mining has been shelved in Sunday's debt ceiling

Bitcoin Miners Can Have A

Debt Ceiling Deal Blocks 30% Proposed Tax On Crypto Mining

Bitcoin miners can have a sigh of relief as the White House’s proposal to enforce substantial taxes on the industry seems to have fizzled out after President Biden and