Biden Administration Proposes Major Changes to Crypto Taxation – Here’s What You Need to Know

Source: Adobe/amirul syaidi US President Joe Biden has proposed drastic changes to the tax system surrounding cryptocurrencies, but the plan must first be negotiated and approved by the Republican-controlled Congress. According to The Wall Street Journal, Biden’s proposal for a cryptocurrency tax is part of the budget plan for fiscal year 2024 and is due […]

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