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White House Pushes for Punitive Tax on Crypto Mining - CoinDesk

White House advisers rekindle 30% energy tax on digital mining

U.S. President Joe Biden is looking to impose a punitive tax on crypto mining operations for the “harms they impose on society,” the White House’s Council of Economic

White House

White House's Council of Economic Advisers, an agency within the Executive Office of the President charged with providing objective economic advice, has advocated for a

White House Renews Push for 30% Tax on Digital Mining Energy

White House's CEA Push 30% Digital Asset Mining Energy Tax

The White House is pushing

U.S. Crypto: White House Council of Advisers Bat for 30% Mining Tax

The White House is pushing to tax cryptocurrency miners to “pay their fair share” for the costs inflicted on local communities and the environment.

Biden Wants 30% Crypto Mining Tax, But Can It Work?

On Tuesday

On Tuesday, May 2, the White House’s Council of Economic Advisers contended that the Digital Asset Mining Energy [DAME] excise tax “encourages firms to start

White House advisers renew push for 30% digital mining energy tax

The cryptocurrency mining tax proposes implementing a phased-in 30% excise tax on the power that cryptocurrency miners consume. The blog post, published on

The White House Council of

The White House Council of Economic Advisers (CEA) has reiterated the need for a 30% Digital Asset Mining Energy (DAME) on electricity consumed by

White House Issues Report Justifying 30% Crypto Mining Tax

White House Council Reignites 30 Percent Tax on Crypto Mining

A proposed

A proposed 30% excise tax on cryptocurrency mining firms was the focus of a report released by the White House on Tuesday, in which the administration reiterated its

A recent statement from the White House's Council of Economic Advisers (CEA) has brought the proposal back to light, arguing that crypto-mining firms do not pay the full cost they impose on