Is Biden Serious? (send crypto to $0)

President Joe Biden has called for harsh tax proposals including:
-30% tax on crypto mining electricity
-raising long term capital gains from 20% to 39.6%
-applying wash sale rules to crypto

Meanwhile, the NY AG has sued Kucoin and claimed Ethereum is a security in the lawsuit. In addition, the DOJ is attempting to stop the sale of Voyager to Binance U.S.

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