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Today in Crypto: Illinois, Georgia Lawmakers Eye Tax Breaks for Bitcoin Miners; Economic Impact of Crypto Wealth is Hard to Measure

February 20, 2022
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Today in Crypto: Illinois, Georgia Lawmakers Eye Tax Breaks for Bitcoin Miners; Economic Impact of...

February 20, 2022
Georgia and Illinois have been looking at tax incentives for cryptocurrency mining, CoinDesk reported Friday (Feb.18). A bill Thursday House reps in George proposed tax exemptions for the sale or use of electricity in crypto mining. An Illinois Senate bill from January would extend an existing tax incentive for data centers of crypto mining. Meanwhile, […]