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PARAGRAPHThe administration of U. President Joe Biden has proposed an excise tax on cryptocurrency miners equal to 30 percent of the cost of the electricity they use, and plans to eliminate tax-deductible losses related the same securities for 30 according to a U.
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Cardano Founder GOES OFF on Joe Biden�s Crypto Tax (Amazon BIG NEWS)New rules proposed by the Biden administration on Friday would require cryptocurrency brokers to report information on digital asset sales. In his latest budget for Fiscal Year , President Biden has proposed a new tax on electricity use from cryptocurrency mining. The Digital Asset Mining Energy (DAME) tax was a proposal by the Biden administration to tax electricity use by crypto miners. It was dropped in May
