Biden administration set to overhaul crypto-tax regime in the United States

By AMB Crypto - 1 year ago - Reading Time: 1 minutes

Biden administration set to overhaul crypto-tax regime in the United States

President Joe Biden’s taxation guidelines for 2024 will remove tax deductions for losses from crypto-wash sales New budget proposal will also double the capital gains tax from 20% to 40% United States President Joe Biden’s upcoming budget proposal for 2024 is set to introduce significant changes to the tax regime for cryptocurrencies. The proposal includes […]

Original source: AMB Crypto