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Biden Administration Proposes 30% Tax on Energy Consumption by Bitcoin Miners
Biden Administration Proposes 30% Tax on Energy Consumption by Bitcoin Miners
News  -  Bitcoin  -  May 03, 2023 by Deniz Saat

In the Fiscal Year 2024 budget proposal, the President has included the Digital Asset Mining Energy (DAME) excise tax, which would require mining companies to pay a 30% tax on the electricity used for mining Bitcoin or other digital assets.  The White House aims to tackle claimed economic and environmental

Senator Indira Kempis and Samson Mow Advocate for Bitcoin Adoption in Mexico
Senator Indira Kempis and Samson Mow Advocate for Bitcoin Adoption in Mexico
News  -  Bitcoin  -  Apr 27, 2023 by Deniz Saat

Senator Indira Kempis and JAN3 CEO Samson Mow are working towards making Bitcoin legal tender in Mexico, and their efforts could turn this into a reality. Senator Kempis tweeted a picture of herself with Mow in Mexico on April 26th with the text: “Probably nothing… #Bitcoin legal tender” https://twitter.

Liechtenstein Government to Allow Bitcoin Payments in Planned Move
Liechtenstein Government to Allow Bitcoin Payments in Planned Move

As per the statement of Prime Minister Daniel Risch to German newspaper Handelsblatt, Liechtenstein's government intends to allow Bitcoin to be used as payment for state services. Under the proposal outlined by Risch, Bitcoin or cryptocurrency received by the government would be immediately converted to Swiss francs to

News  -  Bitcoin  -  May 09, 2023
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Liechtenstein Government to Allow Bitcoin Payments in Planned Move
Liechtenstein Government to Allow Bitcoin Payments in Planned Move

As per the statement of Prime Minister Daniel Risch to German newspaper Handelsblatt, Liechtenstein's government intends to allow Bitcoin to be used as payment for state services. Under the proposal outlined by Risch, Bitcoin or cryptocurrency received by the government would be immediately converted to Swiss francs to

News  -  Bitcoin  -  May 09, 2023
Biden Administration Proposes 30% Tax on Energy Consumption by Bitcoin Miners
Biden Administration Proposes 30% Tax on Energy Consumption by Bitcoin Miners

In the Fiscal Year 2024 budget proposal, the President has included the Digital Asset Mining Energy (DAME) excise tax, which would require mining companies to pay a 30% tax on the electricity used for mining Bitcoin or other digital assets.  The White House aims to tackle claimed economic and environmental

News  -  Bitcoin  -  May 03, 2023
Senator Indira Kempis and Samson Mow Advocate for Bitcoin Adoption in Mexico
Senator Indira Kempis and Samson Mow Advocate for Bitcoin Adoption in Mexico

Senator Indira Kempis and JAN3 CEO Samson Mow are working towards making Bitcoin legal tender in Mexico, and their efforts could turn this into a reality. Senator Kempis tweeted a picture of herself with Mow in Mexico on April 26th with the text: “Probably nothing… #Bitcoin legal tender” https://twitter.

News  -  Bitcoin  -  Apr 27, 2023
U.S. Senator Ted Cruz Is Incredibly Bullish on Bitcoin
U.S. Senator Ted Cruz Is Incredibly Bullish on Bitcoin

During the Bitcoin Policy Summit in Washington D.C. on April 26th, 2023, Senator Ted Cruz, a Republican from Texas and the Ranking Member of the Senate Committee on Commerce, Science, and Transportation, shared his enthusiasm for Bitcoin.  The one-day event was focused on exploring the potential strategic benefits that

News  -  Bitcoin  -  Apr 27, 2023
North Carolina Legislature Proposes Bill Banning Bitcoin Payments to the State
North Carolina Legislature Proposes Bill Banning Bitcoin Payments to the State

A bill that prohibits the use of Bitcoin as a means of payment to the state or any state agencies has been introduced by the North Carolina General Assembly. An individual familiar with the situation revealed that the bill's original purpose was to restrict the use of CBDCs

News  -  Bitcoin  -  Apr 21, 2023
White House Economic Report Outlines Concerns for Bitcoin and Cryptocurrencies
White House Economic Report Outlines Concerns for Bitcoin and Cryptocurrencies

In a recent report, the Biden administration highlighted their concerns for Bitcoin and cryptocurrencies, claiming that certain elements of the ecosystem for digital assets are problematic for consumers, the financial system, and the environment. The Council of Economic Advisers’ annual publication, “Economic Report of the President,” explains the president’s

News  -  Bitcoin  -  Mar 22, 2023
Texas House Introduces Bill To Protect Rights of Individual BTC Ownership
Texas House Introduces Bill To Protect Rights of Individual BTC Ownership

The Texas State House of Representatives has been presented with a bill that would completely protect and embrace the Bitcoin economy. House Concurrent Resolution 89, sponsored by Rep. Cody Harris (R), and co-authored by Natalie Smolenski and Jason Brett of the Bitcoin Policy Institute, argues that the Chinese government’s

News  -  Bitcoin  -  Mar 21, 2023
El Salvador Lanches Bitcoin and Lightning Educational Program
El Salvador Lanches Bitcoin and Lightning Educational Program

The “CUBO+” six-month educational program has just been announced by El Salvador’s Bitcoin Office. The program aims to produce Bitcoin and Lightning developers through the Salvadoran university system. According to the Office, a small group (around 25) students chosen from El Salvador’s top university will participate in the

News  -  Bitcoin  -  Mar 16, 2023
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