New York lawmakers propose crypto tax to fund school programs

Lawmakers in New York are considering a bill that would impose a tax on digital asset transactions. The proposal, introduced in the state’s Assembly on Aug. 13, seeks to apply a 0.2% excise tax on the sale or transfer of digital assets like Bitcoin and Ethereum starting in September. According to the bill, revenue from The post New York lawmakers propose crypto tax to fund school programs appeared first on CryptoSlate.