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Riot Exec Explains Reality Behind President Biden's 30% Crypto Mining Tax

source-logo  coingape.com  + 11 more 12 March 2024 12:15, UTC

The crypto world is abuzz with debate as Pierre Rochard, VP of Research at Riot Platforms, sheds light on President Biden’s proposed 30% tax on crypto mining electricity. Rochard’s recent post challenges the Biden administration’s rationale behind the tax, alleging it is a veiled attempt to suppress the burgeoning crypto market.

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