A game of Bitcoin chess seems to be playing out – but who’s controlling the pieces?
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City AM
City AM
By Darren Parkin Crypto commentator Susie Violet Ward asks ‘Is this the start of a few crucial moves to checkmate, or is a string of recent events merely a coincidence and not a coordinated effort to control Bitcoin?’ The Biden administration…The Biden administration’s proposal to levy a 30% tax on electricity consumption for cryptocurrency mining exudes a sharp and decisive approach to regulating the emerging digital economy. The tax would be phased in at a rate of 10% per year over three years. It would apply to profits by miners who operate in the US. Yet, reading the small print, this only…