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BitcoinWorldMar 30, 2026National News

Bitcoin Mining Bill: Senator Lummis Proposes Revolutionary Tax Incentive Plan to Boost US Crypto Industry

Senator Cynthia Lummis proposed a plan allowing Bitcoin miners to trade digital assets for federal capital gains tax reductions.

Bitcoin Mining Bill: Senator Lummis Proposes Revolutionary Tax Incentive Plan to Boost US Crypto Industry
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tl;dr

Senator Cynthia Lummis plans to introduce legislation allowing Bitcoin miners to exchange newly mined cryptocurrency for federal tax credits. The bill aims to secure U.S. dominance in the global mining market while addressing domestic energy and fiscal policy.

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Cynthia M. LummisR-Wyoming
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