CryptoBullishCrypto Briefing · 4h ago6/10
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California’s $351.7B budget includes new software tax, but explicitly excludes crypto
California's $351.7 billion budget includes a new software tax on SaaS providers, but explicitly exempts cryptocurrency from taxation. The software tax is expected to compress margins in the tech sector, while crypto's exclusion suggests policymakers are avoiding immediate regulatory confrontation with the digital asset industry.
