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Will Biden’s plan to tax crypto mining reduce emissions? Critics say no

May 5, 2023 by DIGIT

The tax is intended to reduce greenhouse gas emissions, electricity costs and local environmental pollution, but has not been kindly received by the crypto community. Go to Source Powered by WPeMatico

Categories Bitcoin Mining Council, carbon emissions, carbon leakage, CEA, Fred Thiel, Joe Biden, Marathon, Marathon Digital Holdings, nic carter

White House advisors renew push for 30% digital mining energy tax

May 3, 2023 by DIGIT

The May 2 blog post by the White House’s Council of Economic Advisers (CEA) has already attracted strong criticism from the community. Go to Source Powered by WPeMatico

Categories Biden, CEA, climate change, Council of Economic Advisers, DAME, Digital Asset Mining Energy, Electricity, Tax, White house

Crypto predictions platform Polymarket fined $1.4M by CTFC

January 4, 2022 by DIGIT

“All derivatives markets must operate within the bounds of the law regardless of the technology used,” said Acting Director of Enforcement Vincent McGonagle. Go to Source Powered by WPeMatico

Categories CEA, CFTC, defi, events markets, Polymarket


Stay updated with the latest trends and expert analyses in cryptocurrency on Digit Info, your go-to site for auto-bookmarked crypto news and insights from top sites

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  • bitcoinBitcoin(BTC)$90,491.00-2.37%
  • ethereumEthereum(ETH)$3,104.17-2.34%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.06-3.41%
  • binancecoinBNB(BNB)$888.00-2.21%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$135.60-4.97%
  • tronTRON(TRX)$0.2844760.75%
  • staked-etherLido Staked Ether(STETH)$3,101.52-2.46%
  • dogecoinDogecoin(DOGE)$0.142834-4.39%
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  • bitcoinBitcoin(BTC)$90,491.00-2.37%
  • ethereumEthereum(ETH)$3,104.17-2.34%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.06-3.41%
  • binancecoinBNB(BNB)$888.00-2.21%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$135.60-4.97%
  • tronTRON(TRX)$0.2844760.75%
  • staked-etherLido Staked Ether(STETH)$3,101.52-2.46%
  • dogecoinDogecoin(DOGE)$0.142834-4.39%