2024-3-12 19:00 |
The U.S. president's budget proposal for 2025 suggests the administration can reduce the national deficit by nearly $10 billion just by "modernizing rules" that include cryptocurrencies.
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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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2023-5-22 00:18 | |
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Wrapping up his participation in the Group of Seven (G7) forum in Japan, President Joe Biden criticized affluent tax evaders and crypto traders who he believes benefit unfairly from Republican lawmakers.
2023-5-22 23:52 | |
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President Joe Biden has proposed an excise tax on cryptocurrency mining companies that is 30% of the cost of the power they use. Biden's Fiscal Year 2024 budget included a proposal to implementThe post Joe Biden’s government proposes 30% crypto mining tax appeared first on AMBCrypto.
2023-3-10 17:00 | |
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A provision in the department’s “Greenbook,” its list of tax proposals and explanations for U.S. President Joe Biden’s budget proposal, would create a phased-in excise tax based on the costs of the electricity used in crypto mining, imposed on the companies “using computing resources” to mine cryptocurrencies.
2023-3-10 02:02 | |
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U.S. President Joe Biden's proposed budget will be released on March 9, including a stipulation to tax loss loopholes on crypto transactions.
2023-3-9 17:16 | |
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Coinspeaker President Biden’s Budget Blueprint Will Propose Changing the Tax Treatment of Cryptocurrency Transactions, Raising $24 Billion The proposed Biden budget plan would close the current harvesting loophole on crypto tax losses, reducing wash sales trading.
2023-3-10 13:48 | |
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U.S. President Joe Biden's proposed budget will include a provision to close tax loss harvesting on crypto transactions.
2023-3-10 08:26 | |
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United States President Joe Biden will propose changes to crypto taxation in an upcoming budget plan, according to a report from the Wall Street Journal on March 8. The post Biden to propose changing crypto tax rules: WSJ appeared first on CryptoSlate.
2023-3-9 03:40 | |
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Coinspeaker India Maintains Position on Crypto Tax in Budget There are fears that India may use its position as president of the G-20 in its fight against the cryptocurrency industry. India Maintains Position on Crypto Tax in Budget
2023-2-1 14:38 | |
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Volaris El Salvador, a subsidiary of Mexican budget airline Volaris, is set to start accepting Bitcoin (BTC/USD) as payment for air tickets. El Salvador’s president, Nayib Bukele, disclosed this news through a tweet earlier today.
2021-10-22 17:55 | |
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$6 Trillion! That’s how much the President of the United States, Joe Biden plans to spend over the next fiscal year, thereby, prepping another mound of debt to be heaped in the pockets of Americans.
2021-5-30 22:13 | |
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The United States Department of Treasury has published the “General Explanations of the Administration’s Fiscal Year” as President Joe Biden released his Budget for 2022. In its document, the Treasury claims that tax evasion using crypto assets is a “rapidly growing problem”.
2021-5-30 21:03 | |
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President Joe Biden's massive spending plans are good for Bitcoin, according to Edward Snowden
2021-5-28 18:50 | |
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While the crypto market is waiting for direction, Janet Yellen calls for more funding to run her agency and improve tax collection, while the proposed budget for the next fiscal year will bring US federal spending to the highest sustained level since World War II.
2021-5-27 20:21 | |
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2021-5-28 19:10 | |
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The president wants to print like he’s got his own bitcoin bags, and there is no end in sight to the monetary expansion expected to come.
2021-5-27 18:43 | |
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President Trump’s budget proposition released in early February contained little concern about investing in new technologies involving the blockchain and cryptocurrencies. This, in spite of a host of pro-blockchain advisors and global interest in blockchain, could reveal a lack of understanding by the president.
2020-2-25 17:20 | |
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What can we make of President Trump’s move to deploy the Secret Service in the fight against financial crimes?
2020-2-19 00:30 | |
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The White House released the Budget of the U. S. Government on Monday, outlining some proposals to increase cryptocurrency oversight which President Donald Trump views as priorities. The budget proposes giving the Treasury more power over crypto and requests funding for FinCEN to expand its efforts to combat threats including from cryptocurrency.
2020-2-12 18:35 | |
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President Trumps’ new budget for 2021 claims a consolidated Treasury and Secret Service will be more efficient in tackling cryptocurrency-enabled crime
2020-2-12 13:00 | |
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U.S. President Donald Trump's proposed 2021 budget would shift the U.S. Secret Service from the Department of Homeland Security back to the Treasury Department, creating "new efficiencies" in investigations including crypto.
2020-2-11 00:30 | |
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Bitcoin equivalent of the $4. 7 trillion US debt that was signed into federal law by President Trump would put the price of a single BTC at $260,000. Trump’s Presidency Signed Laws to Expand Debt in Next Budget Period In a drive for expansion, US President Donald Trump has signed $4.
2020-1-12 23:00 | |
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The House budget committee today told NASA Chief Jim Bridenstine it would not fund the administration’s efforts to change the Moon landing timeline from 2028 to 2024. The reason? NASA won’t put a final price tag on the program.
2019-10-17 01:52 | |
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Coinspeaker U. S. Budget Chief Asks for a Two-Years Huawei Ban DelayU. S. Budget Chief made the request in a letter to Congress asking for a delay in the implementation of the National Defense Authorization Act, signed by President Trump and which contains provisions that target Huawei.
2019-6-11 11:43 | |
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Here we go again. Donald Trump’s new $4. 75 trillion budget proposal is wild even by his lofty standards. We shouldn’t be surprised, as overspending has been the hallmark of the president’s professional business career, but you are forgiven for thinking he might take a different approach to his handling of the United States’ finances.
2019-3-12 02:30 | |
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David Stockman, US budget director during the Ronald Reagan administration, continues to rake current US President Donald Trump over the coals during a whirlwind press tour designed to promote his new anti-Trump book.
2019-2-25 02:01 | |
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David Stockman, who served as the late US President Ronald Reagan’s top economic adviser, says a day of reckoning has arrived for the stock market. Stockman believes a recession is imminent and that a “bad situation” waits on Wall Street’s horizon.
2019-2-23 01:02 | |
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The U. S. stock market rally could be in for a rude awakening Tuesday after a source at the White House confirmed that President Trump was undecided about backing a new budget deal proposed by congressional leaders.
2019-2-12 19:49 | |
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The U. S. stock market got off to a tepid start on Wednesday after President Trump’s State of the Union address gave few indicators about the direction of trade talks or progress on a new budget.
2019-2-7 19:44 | |
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The Trump administration has promoted Mick Mulvaney, the current Direct of the US Office of Management and Budget, as the new White House Chief of Staff. President Trump tweeted, “I am pleased to announce that Mick Mulvaney, Direct of the Office of Management & Budget, will be named Acting White House Chief of Staff, replacing […]
2018-12-16 19:16 | |
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President Donald J. Trump has announced that he will be naming Mick Mulvaney as the new acting White House Chief of Staff. Mulvaney is a well-known Bitcoin proponent and has previously expressed his support of blockchain technology.
2018-12-15 14:33 | |
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The U.S. government is one of the world’s largest holders of Bitcoin (BTC), storing about 200,000 BTC in hardware wallets. The Wall Street Journal (WSJ) reported that the U.S. Department of Justice, the Internal Revenue Service and other departments control a…
The U.S. sold 9,861.17 bitcoin ($216 million) on March 14, according to a court filing.
The DOJ may have sent some of the seized Silk Road funds to Coinbase, but that doesnt mean theyre about to liquidate. $1.08 Billion in BTC It appears that some...
Crypto companies may soon find themselves deprived of banking services in the United States, just like online poker was during the Obama era, says Nic Carter. Operation Choke Point 2.0...
Chainalysis, an 8.6 billion valued startup, is helping the US government track down and snatch a 75 Bitcoin ransom from the hands of hackers. Chainalysis to the Rescue According to Bloomberg, In 2021 malignant cyber criminals launched a hack against…
Crypto continues to be a controversial asset when it comes to the law and crime. Just this fiscal year alone, the IRS has seized $1. 2 billion worth of cryptocurrency. The U. S. government started seizing crypto assets during the Silk Road shutdown of 2013.