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New York lawmakers propose crypto tax to fund school programs

CryptoSlateFriday, August 15, 2025 at 11:11:09 AM
PositiveCryptocurrencyCryptoTax
New York lawmakers propose crypto tax to fund school programs
New York lawmakers are proposing a 0.2% tax on digital asset transactions to fund school programs. This bill aims to generate revenue from sales of cryptocurrencies like Bitcoin and Ethereum, starting in September.
Editor’s Note: This proposal is significant as it could provide much-needed funding for educational initiatives in New York, while also regulating the growing cryptocurrency market. It reflects a trend of governments looking to harness digital assets for public benefit.
— Curated by the World Pulse Now AI Editorial System
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