Mark Zalan

The U.S. Treasury Department has finally given some clarity – and perhaps a sigh of relief – to Bitcoin (CRYPTO: BTC) miners with a 300-page proposal under the 2021 Infrastructure Investment and Jobs Act. The proposal clarifies the tax reporting and data collection obligations of crypto...

On May 28, U.S. lawmakers released a draft of a bill allowing the U.S. to increase its debt ceiling. This bill also included a number of add-on taxes, such as the Digital Assets Mining Energy (DAME) excise tax which proposed taxing crypto miners 10% of the cost of the electricity used for...