US Government May Impose Disciplinary 30 Percent Taxes on Crypto Miners: Details

US Government May Impose Disciplinary 30 Percent Taxes on Crypto Miners: Details

The US, in recent years, has emerged as a hotspot for crypto miners to establish their operations, especially after China imposed a blanket ban on all crypto-related activities in 2021. Given the environmental concerns and the power intensive nature of crypto mining, the US is mulling on imposing a punitive…