Tag: Choke Point 2.0

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Is Biden’s controversial Bitcoin mining tax dead or set to rise from the ashes?

June 3, 2023

References to the tax were removed from the U.S. debt bill, but that doesn’t mean it’s gone for good. Bitcoin (BTC) miners in the United States can breathe a sigh of relief after a proposed tax on crypto mining did not make it into a bill to raise the U.S. debt ceiling that appears set…
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New York Regulator Calls Crypto Theories Associated With Signature Bank Closure ‘Ludicrous’

April 7, 2023

Adrienne A. Harris, the superintendent of New York’s Department of Financial Services, has branded as “ludicrous” the claims that the closure of Signature Bank was related to its crypto business. Harris insisted that the bank’s “high percentage of uninsured deposits” and insufficient liquidity were some of the reasons why it was closed. Signature Bank’s Liquidity…
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