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
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
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
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.