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

The 2025 budget proposal projects these taxes could generate $10 billion next year if taken up.

U.S. President Joe Biden during a State of the Union address in March 2024. (Chip Somodevilla/Getty Images)
U.S. President Joe Biden during a State of the Union address in March 2024. (Chip Somodevilla/Getty Images)