Representing the government of the United States, the White House determines strategic technology areas within a certain period. The reference to blockchain technology in the latest report, "US Government's National Standards Strategy for Critical and Emerging Technology," prepared by President Biden's team, drew attention.
It was emphasized that the purpose of the report published by the White House the other day is to protect the USA and its citizens and to increase the power in international leadership competition. The US government referred to blockchain technology in its report with the following words:
"Digital identity infrastructure and distributed ledger technology (blockchain) are increasingly impacting some key economic sectors."
Mining Tax Discussions Continue
The American government led by President Biden took an important step towards the cryptocurrency industry this week. The CEA, the White House Council of Economic Advisors, announced during the week that it is preparing a new bill to impose an additional 30% tax on the cost of electricity used by crypto miners.
After the new tax regulation bill, the crypto mining industry has officially stood up. Speaking to the press, a Riot Platforms spokesperson made a statement that their country will fall behind in this area with tax.