Joe Biden’s latest budge proposal calls for a 30% tax on crypto mining

Joe Biden’s latest budge proposal calls for a 30% tax on crypto mining

U.S. President Joe Biden put forward a variety of crypto related taxes and regulations which he says could generate almost $10 billion next year, and over $42 billion over the next decade,... Read more »
Crypto community reacts to Biden’s proposed crypto tax reporting rules

Crypto community reacts to Biden’s proposed crypto tax reporting rules

Several prominent crypto commentators have criticized the new crypto tax reporting rules recently put forth by United States President Joe Biden.  On Aug. 25, to catch crypto users avoiding taxes, the Internal... Read more »
President Biden’s Executive Order On Bitcoin

President Biden’s Executive Order On Bitcoin

Joseph Stafford is a associate on the regulation agency Wilson Elser and offers counseling to shoppers within the Intellectual Property, Regulatory Compliance and Corporate/D&O Risk Management follow areas. By signing an government... Read more »

Bitcoin Miners, Take Notice – Biden’s Plan Would Remake the US Electricity System

President Joe Biden has referred to as for main clear power investments as a method to curb local weather change and generate jobs. On Sept. 8, 2021, the White House released a... Read more »

Biden’s Administration Pushes For ‘Last-Minute’ Crypto Additions In Infra Bill

Joe Biden. Source: A screenshot, Instagram/potus US President Joe Biden’s administration is urging Democrats to incorporate extra guidelines on tax compliance for crypto transactions within the forthcoming USD 3.5tn finances reconciliation bundle.... Read more »

Biden’s New FTC Chair Could Be a Big Web 3.0 Ally

Yesterday, the Biden administration named Lina Khan, a 32-year-old Columbia Law professor, as the brand new head of the Federal Trade Commission. Khan, who would be the youngest FTC head ever, is... Read more »

Biden’s 2022 Budget Includes New Crypto Reporting Proposals

President Joe Biden’s 2022 price range proposal consists of a number of new crypto reporting necessities, in response to a pair of paperwork revealed Friday. The price range revealed Friday, the primary... Read more »

Rich Investors Can’t Hide From Biden’s Capital Gains Hike In Bitcoin; None Of Us Can

President Joe Biden is proposing to hike capital beneficial properties tax by practically 50% from present ranges for … [+] these with $1 million or extra in revenue from wages and funding.... Read more »

Bitcoin Price Taking A Dive With Altcoins, Why Biden’s Tax Hike Matters?

Place/Date: – April twenty third, 2021 at 3:01 pm UTC · 3 min learn Contact: Bexplus, Source: Bexplus Bitcoin fell beneath $50,000 per coin for the primary time since March 8, reminding... Read more »

How Biden’s Tax Hike Could Affect Crypto Holders

Biden is proposing to extend the very best long-term capital positive factors tax price from 20% to 39.6% for many who make over 1 million {dollars} of revenue. This tax hike would... Read more »