Lummis slams Biden’s ‘disastrous proposal’ to tax Bitcoin miners in ‘orange paper’

Assad Jafri

Senator Cynthia Lummis (R-WY) said the Biden administration’s to impose a 30% tax on Bitcoin miners is a “dangerous scheme” and an “attack on innovation.” She argued that such a high tax rate would stifle innovation and push mining operations overseas, undermining both economic and national security interests. She made the statement in a July […]

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Lummis slams Biden’s ‘disastrous proposal’ to tax Bitcoin miners in ‘orange paper’