2023-5-11 18:02 |
The president of the United States, Joe Biden, recently claimed that the government is losing $18 billion due to cryptocurrency tax loopholes.
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United States President Joe Biden has put forward a proposal in his next year’s budget to impose a 30% tax on the electricity consumption of cryptocurrency mining operations. The proposal is part of the “Fiscal Year 2025 Revenue Proposals,” aiming…
2024-3-12 12:39 | |
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As part of President Joe Biden’s new tax enforcement measure, the US Department of Treasury has introduced legislation to combat tax evasion involving cryptocurrencies. Treasury Proposes Measures To Prevent Crypto-Tax Evasion The U.
2021-5-21 22:19 | |
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Joe Biden, the United States president, is reportedly in the process of proposing a tax law targeted at the wealthiest Americans. The news surfaced at a bad time for cryptocurrency investors who are not exactly in their happiest of moods, and rightfully so.
2021-4-25 23:24 | |
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A renowned Bitcoin developer and proponent Jimmy Song says the rising interest in Bitcoin is driven by Government-induced inflation. He said this in reaction to the recent news of a proposed tax increase by the Biden administration.
2021-4-24 23:16 | |
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U.S. President Joe Biden has proposed almost doubling the capital gains tax for the wealthy, which may have contributed to bitcoin’s already sliding price. The post Tax Concerns May Have Contributed to Bitcoin Dip appeared first on BeInCrypto.
2021-4-24 19:40 | |
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U.Today picks three top news for (another) Bloody Friday in Crypto
2021-4-24 18:45 | |
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Bitcoin, since surging to new all-time high earlier this month, has continued to face a string of bad news. Earlier last week, Bitcoin prices tumbled due to Xianjiang crypto miners shutting down due to power outages — causing a record $10 billion in futures liquidations.
2021-4-23 15:53 | |
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2021-4-23 14:53 | |
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The global markets crashed today on the heels of Biden’s tax plans. Bitcoin Crashes Below $50k The world’s largest cryptocurrency by market cap bitcoin (BTC) today witnessed a steep crash shortly after U.
2021-4-23 14:00 | |
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Over $3 billion worth of crypto positions were liquidated this morning amidst a broader sell-off, data from multiple sources showed. The post $3.7 billion liquidated as crypto markets react to Biden’s tax scare appeared first on CryptoSlate.
2021-4-23 13:00 | |
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The price of Bitcoin (BTC) fell below the $50,000 mark on Friday – its lowest over the past six months – following tentative plans by US President, Joe Biden to target digital assets and raise ROI tax rates higher than that of labor in America.
2021-4-23 12:49 | |
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Coinbase (COIN) plunged below $300 after Biden's taxed proposal pummeled the markets
2021-4-22 21:51 | |
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The Biden administration hopes that tax hikes will help to offset its huge spending plans
2021-3-29 19:21 | |
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The U. S. presidential election is only 14 days away, and a number of bitcoin proponents have been discussing the capital gains tax implications Joe Biden plans to invoke if he wins the American presidency.
2020-10-21 00:15 | |
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Oklahoma has passed a bill to safeguard residents' rights to self-custody digital assets, including crypto, effective Nov. 1.
Data shows that ARK 21Shares Bitcoin exchange-traded fund (ETF), also known as ARKB, recorded the highest amount of inflows after reaching a crucial level. According to data provided by Farside Investors, the US Bitcoin (BTC) ETFs registered $100.5 million in…
Elements of the Payment Stablecoin Act have the potential to be beneficial for American consumers — but critics claim other parts are “unconstitutional.” Republican Cynthia Lummis and Democrat Kirsten Gillibrand have become something of a bipartisan, pro-crypto double act in…
Two U.S. lawmakers have proposed a bill that clarifies the taxation framework for cryptocurrency staking rewards. Bipartisan lawmakers Reps. Wiley Nickel, D-N.C., and Drew Ferguson, R-Ga, introduced the Providing Tax Clarity for Digital Assets Act on May 1 to clarify…
On April 30, Judge Richard Jones sentenced Zhao to four months in prison, going against the U.S. Department of Justice (DOJ)’s recommendation for a three-year jail sentence. London-based financial services lawyer Rabya Anwar told crypto.news that the stories of Zhao…
Willy Woo, an on-chain analyst, took to X on April 29, raising concerns about the fate of retail Bitcoin investors if the world, especially the United States, plunges into a recession. Woo, referencing historical events, argues that while large Bitcoin holders, or “whales,” are likely to weather the storm since they control private keys of their coins, […]
U.S. senators Elizabeth Warren and Bill Cassidy have urged the Department of Justice (DOJ) and Department of Homeland Security (DHS) to double down on their efforts to combat crypto use in the market for child sex abuse material (CSAM). In…