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President Joe Biden's budget proposal for fiscal 2025, released this week, covers nearly every area of the American economy. Some of the more notable items detailed in the budget revolve around new crypto taxes and regulations. In terms of new taxes, the Biden administration unveiled plans for an excise tax on mining cryptocurrencies. "Any firm using computing resources, whether owned by the firm or leased from others, to mine digital assets would be subject to an excise tax equal to 30% of the

White houseDistrict of columbiaUnited statesJoe bidenElon muskAnthony pomplianoPeter schiffTreasury departmentPresident joe bidenHouse mike johnsonPresident bidenApple vision proStock market gameBenzinga proDay trialJoe biden proposes new crypto regulation