TechFlow news, according to President Joe Biden's plan, the U.S. Department of the Treasury has again proposed a series of tax regulations related to digital assets, including banning wash sales and imposing excise taxes on electricity consumption by miners.
The Treasury released its 2025 revenue proposals on Monday, known as the "Green Book," outlining tax recommendations included in Biden's budget release. Many of these cryptocurrency-related proposals largely repeat requests previously put forward by the U.S. president in 2023.
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