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New House Financial Services Committee chair wants to delay crypto tax changes

December 16, 2022 by DIGIT

U.S. Republican Representative Patrick McHenry called for clarification on a “poorly” written digital asset tax provision in a letter to the Treasury. Go to Source Powered by WPeMatico

Categories Coin Center, Information Reporting for Brokers and Digital Assets, Jonathan Davies, Patrick McHenry, rob portman, Section 80603, United States House of Financial Services

Unchanged crypto tax bill will be put to a vote on Tuesday

August 9, 2021 by DIGIT

Senate talks regarding the controversial crypto provisions to the U.S. infrastructure bill have ended without amendment, suggesting the original bill will be voted on come Tuesday. Go to Source Powered by WPeMatico

Categories Crypto tax, cynthia lummis, infrastructure bill, Kyrsten Sinema, Mark Warner, pat toomey, rob portman, Rob Wyden

Lead Republican behind infrastructure bill negotiations supports crypto amendment

August 5, 2021 by DIGIT

The senator’s stance is somewhat surprising, given that he previously called the section on brokers in the proposed bill a “common-sense provision.” Go to Source Powered by WPeMatico

Categories Cryptocurrencies, Government, Law, Regulation, rob portman, United States


Stay updated with the latest trends and expert analyses in cryptocurrency on Digit Info, your go-to site for auto-bookmarked crypto news and insights from top sites

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  • bitcoinBitcoin(BTC)$87,362.00-1.56%
  • ethereumEthereum(ETH)$2,927.29-1.09%
  • tetherTether(USDT)$1.000.02%
  • binancecoinBNB(BNB)$834.80-0.46%
  • rippleXRP(XRP)$1.85-0.69%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • solanaSolana(SOL)$122.78-0.03%
  • tronTRON(TRX)$0.2798920.14%
  • staked-etherLido Staked Ether(STETH)$2,927.15-1.04%
  • dogecoinDogecoin(DOGE)$0.122807-2.30%
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  • bitcoinBitcoin(BTC)$87,362.00-1.56%
  • ethereumEthereum(ETH)$2,927.29-1.09%
  • tetherTether(USDT)$1.000.02%
  • binancecoinBNB(BNB)$834.80-0.46%
  • rippleXRP(XRP)$1.85-0.69%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • solanaSolana(SOL)$122.78-0.03%
  • tronTRON(TRX)$0.2798920.14%
  • staked-etherLido Staked Ether(STETH)$2,927.15-1.04%
  • dogecoinDogecoin(DOGE)$0.122807-2.30%