White House

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Bitcoin mining

Biden Administration Pushes for Punitive Tax on Crypto Mining

Troy Cross, professor of Philosophy and Humanities at Reed College and Fellow at Bitcoin Policy Institute, joins "All About Bitcoin" to discuss the energy usage of bitcoin mining and the White House's proposal to push for a punitive tax on crypto mining tax.

By CoinDesk Inc

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May 5, 2023 at 7:48 p.m. UTC

May 5, 2023

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Video

Biden

Marathon Digital Holdings CEO on White House's Crypto Mining Tax Proposal

The Biden Administration is pushing to impose a punitive tax on crypto mining operations for the harms they impose on society according to an online post from the White House’s Council of Economic Advisers CEA Marathon Digital Holdings CEO Fred Thiel shares his reaction and why he thinks the White House just wants to get [...]

By CoinDesk Inc

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May 3, 2023 at 7:58 p.m. UTC

May 3, 2023

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Policy

Regulations

RFK Jr. Raises Crypto Taxes, Regulation as Issues in Opening Days of 2024 Presidential Race

Democratic presidential candidate Robert Kennedy Jr. is criticizing the White House effort to establish a 30% tax for crypto mining in the U.S.

By Jesse Hamilton

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May 3, 2023 at 7:33 p.m. UTC

May 3, 2023

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Video

Cdtv

White House Pushes for Punitive 30% Tax on Crypto Mining Operations

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 Advisers CEA said Tuesday in an online post The administration’s blog entry made the case for a U S tax equal to 30 of a mining [...]

By CoinDesk Inc

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May 3, 2023 at 4:58 p.m. UTC

May 3, 2023

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Policy

Regulations

White House Pushes for Punitive Tax on Crypto Mining

The Biden administration is campaigning for a tax first sought in a recent federal budget proposal, advocating that crypto miners pay an amount equal to 30% of their energy costs.

By Jesse Hamilton

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May 2, 2023 at 9:58 p.m. UTC

May 2, 2023

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Video

Biden

New White House Report Lays Out Issues Seen in Crypto Sector

A new report from the Biden administration looks at a number of claims and stated goals from the crypto industry ranging from cryptocurrencies role as investment vehicles and payment tools to its potential use in payment infrastructure The report said that many cryptocurrencies do not have a fundamental value and noted other issues with the [...]

By CoinDesk Inc

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Mar 22, 2023 at 5:20 p.m. UTC

Mar 22, 2023

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Video

Nikhilesh de

White House Narrows in on Crypto in New Economic Report

The White House took aim at cryptocurrencies in a new report arguing that many aspects of the digital asset ecosystem are creating issues for consumers the financial system and the environment Coin Desk Global Policy and Regulation Managing Editor Nikhilesh De discusses what this could mean for the future of the crypto industry Plus the [...]

By CoinDesk Inc

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Mar 22, 2023 at 2:33 p.m. UTC

Mar 22, 2023

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Policy

Regulations

White House Takes Aim at Crypto in Scathing Economic Report

The report, authored by the White House Council of Economic Advisers, laid out a number of issues seen within the digital asset ecosystem.

By Nikhilesh De

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Mar 21, 2023 at 11:17 p.m. UTC

Mar 21, 2023

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Policy

Carole house

It’s ‘Critical’ Crypto Innovation Stays in U.S., Former White House Adviser Says

Carole House, co-author of President Biden’s executive order on crypto, said keeping crypto in the country is a matter of national security.

By Fran Velasquez

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Mar 20, 2023 at 6:15 p.m. UTC

Mar 20, 2023

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Video

Banking

Former White House Official Reacts to 'Choke Point 2.0' Concerns

Former White House National Security Council Director of Cybersecurity and Secure Digital Innovation Carole House reacts to concerns raised by crypto advocates called Choke Point 2 0 over whether federal regulators could be coordinating to keep crypto assets away from the U S banking system From my time at the White House what I saw [...]

By CoinDesk Staff

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Mar 20, 2023 at 3:19 p.m. UTC

Mar 20, 2023

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