Crypto Mining Firms Targeted: U.S. Treasury Proposes 30% Tax on Electricity Costs

Crypto mining firms based in the United States could be subject to a 30% tax on electricity costs under a new budget proposal aimed at reducing mining activity. According to a supplementary budget

Biden Administration Proposes Major Changes to Crypto Taxation – Here's What You Need to Know

US President Joe Biden has proposed major changes to the tax rules surrounding crypto, but the plan first has to be negotiated and approved by Republican-controlled Congress. Biden’s proposal on

Blockchain Industry Gets Boost as US Firms Set to Raise $100 Million For Crypto Fund – Are Instituti

Despite a series of high-profile moves by the Securities and Exchange Commission as it seeks to reign in the US Crypto Industry, a new digital asset fund venture could reignite market growth. The r

FTX Bankruptcy: Counsel and Advisers Rack Up $38M in January Bills – Here's the Latest

The ongoing FTX bankruptcy saga has resulted in a staggering cost of legal fees, as revealed by recent court filings. In January alone, the total bill for legal work and expenses reached $38 million.

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