Foundry Cuts Workforce by 60%: The World’s Largest Bitcoin Mining Pool Restructures | TheSpuzz

Foundry Cuts Workforce by 60%: The World’s Largest Bitcoin Mining Pool Restructures | TheSpuzz

Source: Bitcoinist On Monday, Foundry, the world’s largest Bitcoin mining pool, announced a significant reduction in its workforce, laying off approximately 60% of its staff. This decision, confirmed by a report from Blockspace, affects both US and international staff, reducing the company’s headcount from over 250 to around 80-90 employees. Foundry Focuses On Core Business…

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France Targets Bitcoin With New Tax In 2025 Budget Proposal

France Targets Bitcoin With New Tax In 2025 Budget Proposal

Source: Bitcoinist The French government proposes replacing the real estate wealth tax with an “unproductive wealth tax” that targets dormant assets, including cryptocurrencies, luxury goods, and other unused real estate. According to Senator Sylvie Vermeillet, Bitcoin will be classified as a non-productive asset in next year’s national budget. Vermeillet’s proposal is similar to the taxation…

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