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Bookmarking Crypto InsightsTue, 10 Aug 2021 23:35:08 +0000en-US
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3232$1.2 Trillion Infrastructure Bill Passes Senate With Troubling Crypto Requirements
https://www.digit.info/1-2-trillion-infrastructure-bill-passes-senate-with-troubling-crypto-requirements/
Tue, 10 Aug 2021 23:35:08 +0000https://www.digit.info/2021/08/10/1-2-trillion-infrastructure-bill-passes-senate-with-troubling-crypto-requirements/Read more]]>The U.S. Senate has passed the $1.2 trillion infrastructure bill with a crypto reporting requirement provision that has been described as “unworkable.” Senator Ted Cruz warned: “This infrastructure bill has in it a portion that is designed to obliterate crypto. That would be a tragic mistake.” Senate Passes Infrastructure Bill With ‘Unworkable’ Crypto Tax Provision […]
]]>US Senators and Treasury Reach Agreement on Crypto Requirements in Infrastructure Bill
https://www.digit.info/us-senators-and-treasury-reach-agreement-on-crypto-requirements-in-infrastructure-bill/
Mon, 09 Aug 2021 19:00:19 +0000https://www.digit.info/2021/08/09/us-senators-and-treasury-reach-agreement-on-crypto-requirements-in-infrastructure-bill/Read more]]>Five U.S. senators have been working with the Treasury Department and have come up with a compromise crypto amendment to the $1.2 trillion infrastructure bill. “We’ve worked with the Treasury Department to clarify the underlying text and ensure that those who are not acting as brokers will not be subject to the bill’s reporting requirements.” […]