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CoinGape 2024-03-12 07:12:56

Joe Biden Targets $42 Billion Revenue with Crypto Taxes in Budget

U.S. President Joe Biden‘s proposed budget for the next fiscal year outlines a series of regulatory measures. These aim to tap into the burgeoning digital asset market. Among the highlights are the administration’s implementation of wash trading rules, a crypto mining tax, and additional regulations. Officials estimate they could rake in close to $10 billion The post Joe Biden Targets $42 Billion Revenue with Crypto Taxes in Budget appeared first on CoinGape .

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