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USA: tax on Bitcoin mining blocked — The Cryptonomist

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USA: tax on Bitcoin mining blocked - The Cryptonomist

In a surprising twist for Bitcoin mining, the proposed Digital Asset Mining Energy (DAME) tax has been removed from the table in the US debt ceiling deal.

US Congressman Warren Davidson recently revealed that some taxes, including the controversial 30% tax on cryptocurrency mining companies, have been blocked.

This decision is a relief for the cryptocurrency industry and marks a significant victory for Bitcoin mining advocates.

Summary

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