Overall, the White House initiative has faced resistance from competitors supporting the crypto industry. But most importantly, default was on the agenda.

Therefore, the House of Representatives of the US Congress completely rejected this bill because of more important and fundamental questions: politicians focused on discussing the ceiling of the national debt and a cross-party agreement on this issue.

It is not known whether the issue of taxation of miners will be brought up for discussion again.

Source: Ferra

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I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.


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