U.S. President's 2025 Budget Proposal Impacts Crypto Industry
Monday, 11 March 2024, 16:00
U.S. President's Budget Proposal for 2025
The U.S. president's budget proposal for 2025 aims to reduce the national deficit by nearly $10 billion through 'modernizing rules', which includes cryptocurrencies.
Implications for Crypto Industry
- Proposed tax on crypto mining
- 'Wash Sale Rule' for digital assets
This could have a significant impact on the crypto industry, potentially changing the landscape for market participants.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.