If the debt limit agreement presented to the table to take the USA out of the rope is accepted, the 30% tax to be deducted from Bitcoin (BTC) miners will be disabled.
One of the most important agendas of recent weeks in macroeconomic markets. US debt limit and a possible default risk in the past in principle resolved. Draft in the details of this offer. step towards cryptocurrencies drew attention.
Tax Offer Removed
USA Ohio Representative Warren Davidson Asked by an official of Bitcoin miner RIOT on social media, “Does the document not mention Bitcoin mining mean that the tax has been abolished?” His answer to the question created the agenda:
Yes, one of the victories was the avoidance of the proposed taxes.
It seems that the update to the US debt limit is valid for Bitcoin mining. It will also disable the 30% tax. The draft debt ceiling, which is still in the draft stage for two years suspension and the U.S. government to borrow And to pay off debts intends to allow it to continue. Before the bill goes into effect Approved by Congress needs.
If the bill is passed by Congress, risk products investors, albeit short-term upward thinking could be forerunner.
About the debt limit agreement in the US information session will be arranged. While some members of Congress are not convinced yet, the deal is expected until Thursday. failure to approve in case of The US will default.