Biden’s 2025 budget targets crypto tax loopholes, expands digital asset oversight

The Biden administration released its proposed budget for 2025 on March 11, which includes provisions to implement a series of regulatory measures targeting digital assets. The proposed rules are expected to generate nearly $10 billion in additional tax revenue by 2025. Closing loopholes The new budget proposals specifically target a loophole that has previously allowed […] source: https://cryptoslate.com/bidens-2025-budget-targets-crypto-tax-loopholes-expands-digital-asset-oversight/