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

May 3, 2023

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.

Up Next

Next Up: BTC ETFs Go Global

Next Up: BTC ETFs Go Global

Will Another Region Approve Spot Ether ETFs Before the U.S.?

Will Another Region Approve Spot Ether ETFs Before the U.S.?

Spot BTC ETF Is 'a New Door' for TradFi

Spot BTC ETF Is 'a New Door' for TradFi

What's Next for Spot ETH ETFs

What's Next for Spot ETH ETFs

CoinShares Exec on Spot BTC ETF Outlook

CoinShares Exec on Spot BTC ETF Outlook

Learn more about Consensus 2024, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to coindesk.consensus.com to register and buy your pass now.