IMF Tax Increase Proposal for Crypto Miners Faces Industry Criticism

On August 15, the International Monetary Fund (IMF) released a report titled “Carbon Emissions from AI and Crypto Are Surging and Tax Policy Can Help.” The report calls for a significant increase in electricity taxes for crypto miners and AI data centers. The IMF argues that the proposed tax would incentivize more sustainable practices and align these industries with global carbon... source: https://beincrypto.com/experts-challenge-imf-crypto-miner-tax-proposal/