U.S. President Again Proposes Crypto Mining Tax, ‘Wash Sale Rule’ for Digital Assets in New Budget

The U.S. president’s budget proposal for 2025 suggests the administration can reduce the national deficit by nearly $10 billion just by “modernizing rules” that include cryptocurrencies. The U.S. president’s budget proposal for 2025 suggests the administration can reduce the national deficit by nearly $10 billion just by “modernizing rules” that include cryptocurrencies.