U.S. President Joe Biden released his 2023 budget proposal on Monday, and in it, his administration is seeking to modernize rules around digital assets that it says would generate an additional $11 billion in revenues by 2032, as well as expand the Department of Justice’s ability to counter cyber threats that involve ransomware and the use of cryptocurrencies.
Source: https://www.coindesk.com/policy/2022/03/28/biden-budget-proposal-estimates-additional-11b-in-revenues-by-2032-by-updating-crypto-rules/?utm_medium=referral&utm_source=rss&utm_campaign=headlines