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by: xpoolPosted on: August 16, 2025

New York Aims for $158 Million from Crypto Tax to Fund Schools

New York lawmakers are proposing a 0.2% sales tax on cryptocurrency trades, aiming to raise over $158 million annually for upstate school drug prevention programs. This move could significantly impact the state’s digital asset ecosystem, with exchanges and marketplaces likely adapting their operations accordingly.

Related posts:

  1. New York Imposes 0.2% Crypto Tax: Potential Sell-Off on the Horizon
  2. New York to Implement 0.2% Tax on Digital Asset Transactions
  3. New York Introduces 0.2% Crypto Transaction Tax Bill
  4. New York Introduces Cryptocurrency Tax Proposal
Cryptocurrency New York Taxation

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