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AsicZ Weekly Wednesday Roundup – May 31st, 2023

In this week’s edition of our Weekly Wednesday news blog, we cover a range of developments in the cryptocurrency world. The US debt ceiling deal blocks a proposed 30% Bitcoin mining tax, providing relief for miners and sparking debates in Congress. Hong Kong takes significant strides towards becoming more crypto-friendly, with initiatives such as lifting […]

US Government’s Debt Ceiling Suspension and DAME Tax Retreat

Welcome to this week’s Trickster Tuesday article, where we navigate the intricate web of politics and finance. Today, we unravel a fascinating development as the US government performs a sleight of hand, retreating on the controversial Digital Asset Mining Energy (DAME) tax while focusing on a crucial mission: preventing a federal default. Join us as […]

AsicZ’s Weekly Wednesday Roundup

This week’s headlines shed light on the ever-expanding growth and adoption of Bitcoin, as evidenced by its all-time high hash rate and the creation of unique tokens on its network. Nevertheless, the cryptocurrency industry continues to face obstacles and regulatory scrutiny, as seen by the Biden administration’s proposition of a Digital Asset Mining Energy tax […]