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U.S. Presidential Candidate Wants New Laws to Lower Taxes for Crypto Mining Firms

U.S. Presidential Candidate Wants New Laws to Lower Taxes for Crypto Mining Firms

2023/7/3

Cryptocurrencies are likely to be a big talking point in next year's U.S. presidential election, exemplified by Republican candidate Vivek Ramaswamy. He stated that not only is he accepting Bitcoin donations to support his campaign, but he also wants new regulations to lower taxes on crypto mining companies. He said Bitcoin would better empower him to fulfill the duties of the President of the United States, which is to stabilize the dollar as a unit of measure and return the Federal Reserve to its original position and make it its sole mission. According to previous news, candidate Robert Kennedy Jr. also announced that he would accept bitcoin campaign donations.

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