IMF Proposes Tax on Cryptocurrency Mining to Combat Air Pollution

Sak


 The IMF has proposed introducing a tax on mining for air pollution. This could increase the price of electricity for cryptocurrency miners by 85%.


According to the organization, direct taxes have pushed the industry to reduce carbon emissions. The tax rate could reach $0.089 per kilowatt-hour.


$$ According to IMF calculations, such a tax would increase annual government revenue worldwide by $5.2 

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