US presidential candidate Vivek Ramaswamy is proposing a new regulation to reduce tax burdens on crypto mining companies.

BlockBeats reported on July 3 that US presidential candidate Vivek Ramaswamy recently stated in an interview that he not only accepts Bitcoin donations to support his campaign, but also hopes to introduce new regulations to lower the tax burden on cryptocurrency mining companies. He stated that Bitcoin would better empower him to fulfill the duties of the US presidency and stabilize the position of the US dollar. He also mentioned that he currently has no plans to quickly launch new NFTs and is more focused on policy. (Livebitcoinnews)