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Proposed state bills would impose excise tax on cryptocurrency mining

Cryptocurrency · New York

Proposed state bills would impose excise tax on cryptocurrency mining

100% Center coverage: 1 sources

TORREY — State Sen. Liz Kreuger, D-28 of Manhattan, and Assemblywoman Anna Kelles, D-125 of Ithaca, have introduced bills to establish an excise tax on proof-of-work cryptocurrency mining facilities, such as the Greenidge Generation plant on the west shore of…See the Story