IMF Says Crypto Industry’s Carbon Footprint Rising; Officials Mull Tax Surge to Curb Emissions

IMF Says Crypto Industry’s Carbon Footprint Rising; Officials Mull Tax Surge to Curb Emissions

The International Monetary Fund (IMF) has released a new report highlighting the rising carbon footprint of the crypto sector and stressing the need for control. To address this, the IMF has proposed a significant tax increase on crypto mining businesses to encourage the adoption of greener practices. According to the…