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In Israel, for instance, crypto mining is treated as a business and is subject to corporate income tax. In India and elsewhere, regulatory uncertainty persists, although Canada and the United States are relatively friendly to crypto mining. The central bank’s next official meeting is set for May 4. Speculators first check here started betting against the peg soon after the CNB in September committed to keeping the linkage through the end of the first quarter, as inflation moved closer to the central bank’s target of 2%.

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