IMF Proposes Drastic 85% Electricity Tax Increase For Crypto Mining

Two IMF officials pitched for steep electricity taxation on cryptocurrency miners and recommended increasing their average global electricity cost by 85%. Related Reading: Binance Joins India’s Financial Intelligence Unit To Bolster AML Compliance The proposal has, in fact, called for a sharp rise in the electricity tax paid by crypto miners to drastically bring down […] source: https://bitcoinist.com/imf-proposes-85-tax-increase-for-crypto-mining/