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.
White House advisors renew push for 30% digital mining energy tax
The May 2 blog post by the White House’s Council of Economic Advisers (CEA) has already attracted strong criticism from the community.
Crypto predictions platform Polymarket fined $1.4M by CTFC
“All derivatives markets must operate within the bounds of the law regardless of the technology used,” said Acting Director of Enforcement Vincent McGonagle.