US President Biden
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The Safety of Artificial Intelligence (AI) According to US President Biden
According to reports, US President Biden stated on Tuesday that there is still uncertainty about the safety of artificial intelligence (AI) and emphasized that technology companies
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US President Biden’s budget proposes to levy a 30% tax on the power consumption of encrypted mining
On March 10, US President Biden proposed to levy a 30% tax on the cost of mining electricity in cryptocurrency in stages in his government’s fiscal year 2024 budget. A supplementary budget interpretation document issued by the US Treasury on March 9 said that any company using resources (whether owned or leased) would “pay consumption tax equivalent to 30% of the cost of electricity used for mining digital assets”. Interpretation of this information: The recent proposal made by US President Joe Biden to impose a 30% tax on the cost…