# About Crypto TAX

By [Zahidul Islam](https://paragraph.com/@zahidul-2) · 2023-03-10

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President Biden’s budget blueprint will propose changing the tax treatment of cryptocurrency transactions, raising $24 billion.

[https://www.coindesk.com/policy/2023/03/09/biden-budget-plan-would-close-crypto-tax-loss-harvesting-loophole/](https://www.coindesk.com/policy/2023/03/09/biden-budget-plan-would-close-crypto-tax-loss-harvesting-loophole/)

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*Originally published on [Zahidul Islam](https://paragraph.com/@zahidul-2/about-crypto-tax)*