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323210 Congress Members Ask Nancy Pelosi to Help Revise Crypto Provision in Infrastructure Bill
https://www.digit.info/10-congress-members-ask-nancy-pelosi-to-help-revise-crypto-provision-in-infrastructure-bill/
Sat, 20 Nov 2021 16:30:40 +0000https://www.digit.info/2021/11/20/10-congress-members-ask-nancy-pelosi-to-help-revise-crypto-provision-in-infrastructure-bill/Read more]]>Ten members of the U.S. House of Representatives have called on House Speaker Nancy Pelosi to address the problem with the crypto provision in the infrastructure bill. They explained that the current definition of a broker in the bill “would increase uncertainty in the cryptocurrency industry, pick winners and losers … all while eroding our […]
]]>Congress Passes $1.2 Trillion Infrastructure Bill — Crypto Advocates Criticize Amended Broker Definition, Tax Code 6050I
https://www.digit.info/congress-passes-1-2-trillion-infrastructure-bill-crypto-advocates-criticize-amended-broker-definition-tax-code-6050i/
Sun, 07 Nov 2021 15:00:07 +0000https://www.digit.info/2021/11/07/congress-passes-1-2-trillion-infrastructure-bill-crypto-advocates-criticize-amended-broker-definition-tax-code-6050i/Read more]]>Congress has passed the Biden administration’s bill aimed at improving infrastructure, fighting climate change, and bolstering social services. The $1.2 trillion infrastructure bill, which also expands the definition of a broker, awaits U.S. president Joe Biden’s signature after passing with a vote of 228–206 on Friday. Bipartisan Infrastructure Bill Passes to the Tune of $1.2 […]
]]>US Senator Warns Passing Unproven Crypto Law Will Stifle Innovation and ‘Make Americans Poorer’
https://www.digit.info/us-senator-warns-passing-unproven-crypto-law-will-stifle-innovation-and-make-americans-poorer/
Sun, 08 Aug 2021 18:00:03 +0000https://www.digit.info/2021/08/08/us-senator-warns-passing-unproven-crypto-law-will-stifle-innovation-and-make-americans-poorer/Read more]]>U.S. Senator Mike Lee has raised concerns that adopting the crypto tax provision in the $1.2 trillion infrastructure bill will stifle innovation and make Americans poorer. He explained that cryptocurrencies are not like securities and cannot be regulated with the same policies, noting that to do so would drive innovation offshore. Senator Mike Lee Warns […]
]]>US Senator Urges Congress to Stop Treasury From Picking Winners and Losers in Crypto
https://www.digit.info/us-senator-urges-congress-to-stop-treasury-from-picking-winners-and-losers-in-crypto/
Sat, 07 Aug 2021 14:30:33 +0000https://www.digit.info/2021/08/07/us-senator-urges-congress-to-stop-treasury-from-picking-winners-and-losers-in-crypto/Read more]]>U.S. Senator Pat Toomey has called on Congress to stop the Treasury Department from maximizing its ability to regulate and tax crypto by picking winners and losers. “Congress should not allow that to happen,” he said. US Senator Urges Lawmakers Not to Crush Crypto Innovation Following the endorsement of a crypto tax amendment by the […]
]]>White House Backs Crypto Tax Amendment Endorsing Proof-of-Work in Infrastructure Bill
https://www.digit.info/white-house-backs-crypto-tax-amendment-endorsing-proof-of-work-in-infrastructure-bill/
Fri, 06 Aug 2021 12:45:22 +0000https://www.digit.info/2021/08/06/white-house-backs-crypto-tax-amendment-endorsing-proof-of-work-in-infrastructure-bill/Read more]]>The White House has endorsed an amendment to the $1 trillion Infrastructure bill that supports proof-of-work over all other consensus mechanisms. However, the crypto community is supporting a different amendment. White House Takes Stance on Infrastructure Bill’s Crypto Tax Amendment The White House has endorsed an amendment to the Infrastructure bill sponsored by Senators Mark […]
]]>Biden to Step Up Crypto Tax Enforcement to Help Fund $1 Trillion US Infrastructure Plan
https://www.digit.info/biden-to-step-up-crypto-tax-enforcement-to-help-fund-1-trillion-us-infrastructure-plan/
Fri, 30 Jul 2021 14:00:23 +0000https://www.digit.info/2021/07/30/biden-to-step-up-crypto-tax-enforcement-to-help-fund-1-trillion-us-infrastructure-plan/Read more]]>U.S. President Joe Biden and lawmakers have agreed on the details of a roughly $1 trillion bipartisan infrastructure package with measures to step up tax enforcement around crypto assets. Taxing Crypto Transactions to Fund US Infrastructure Plan The White House announced Wednesday that President Joe Biden and a bipartisan group of lawmakers have agreed on […]
Ten members of the U.S. House of Representatives have called on House Speaker Nancy Pelosi to address the problem with the crypto provision in the infrastructure bill. They explained that the current definition of a broker in the bill “would increase uncertainty in the cryptocurrency industry, pick winners and losers … all while eroding our […]
Congress has passed the Biden administration’s bill aimed at improving infrastructure, fighting climate change, and bolstering social services. The $1.2 trillion infrastructure bill, which also expands the definition of a broker, awaits U.S. president Joe Biden’s signature after passing with a vote of 228–206 on Friday. Bipartisan Infrastructure Bill Passes to the Tune of $1.2 […]
U.S. Senator Mike Lee has raised concerns that adopting the crypto tax provision in the $1.2 trillion infrastructure bill will stifle innovation and make Americans poorer. He explained that cryptocurrencies are not like securities and cannot be regulated with the same policies, noting that to do so would drive innovation offshore. Senator Mike Lee Warns […]
U.S. Senator Pat Toomey has called on Congress to stop the Treasury Department from maximizing its ability to regulate and tax crypto by picking winners and losers. “Congress should not allow that to happen,” he said. US Senator Urges Lawmakers Not to Crush Crypto Innovation Following the endorsement of a crypto tax amendment by the […]
The White House has endorsed an amendment to the $1 trillion Infrastructure bill that supports proof-of-work over all other consensus mechanisms. However, the crypto community is supporting a different amendment. White House Takes Stance on Infrastructure Bill’s Crypto Tax Amendment The White House has endorsed an amendment to the Infrastructure bill sponsored by Senators Mark […]
U.S. President Joe Biden and lawmakers have agreed on the details of a roughly $1 trillion bipartisan infrastructure package with measures to step up tax enforcement around crypto assets. Taxing Crypto Transactions to Fund US Infrastructure Plan The White House announced Wednesday that President Joe Biden and a bipartisan group of lawmakers have agreed on […]