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cryptonews 2024-03-11 22:54:15

President Biden Proposes Crypto Mining Tax and Wash Sale Rule in 2025 Budget Proposal

President Biden's 2025 budget proposal aims to introduce a crypto mining tax and close the wash sale loophole for digital assets. The move faces opposition from House Republicans, who criticize the administration's spending. As the 2024 presidential race heats up, the outcome could shape the future of crypto regulation. The post President Biden Proposes Crypto Mining Tax and Wash Sale Rule in 2025 Budget Proposal appeared first on Cryptonews .

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