Showing posts with label crypto regulation. Show all posts
Showing posts with label crypto regulation. Show all posts

Biden Administration Proposes New Crypto Tax Rules...


The US has given a lot of money to Ukraine, and while President Biden has been able to secure those funds by reducing spending on American cities and citizens, as seen recently following the massive Maui fire - it isn't nearly enough. 

Perhaps anticipating an influx people moving funds in to Bitcoin over concerns surrounding the US dollar, the administration is taking steps to insure citizens who do will still pay proper portions to tax.

Video courtesy of CNBC