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coinpedia 2024-05-18 09:49:01

US Crypto Miners Eye Middle East Amid Regulatory Crackdown

The post US Crypto Miners Eye Middle East Amid Regulatory Crackdown appeared first on Coinpedia Fintech News The persistent regulatory crackdown in the US on crypto businesses might drive miners away as they now eye the Middle East as the next region for growth. The Biden administration’s proposed 30% tax on electricity use for digital asset mining operations could devastate the industry in the US, raising concerns among crypto miners. The CEO …

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