U.S. President Joe Biden’s proposed budget will be released on March 9, including a stipulation for tax loss loopholes on crypto transactions. The budget blueprint will include a provision to reduce wash sales. Currently, crypto investors can trade any cryptocurrency at a loss,...
The state of South Dakota has introduced a new bill to redefine the concept of money, particularly concerning cryptocurrencies. South Dakota’s proposed bill could affect cryptocurrency regulation The new bill titled “An Act to amend provisions of the Uniform Commercial Code” has been...