Infrastructure Bill

House Moves to Consider Unamended Infrastructure Bill

The House will consider the bipartisan infrastructure bill on Sept. 27.

Policy & regulation  ·  24 August 2021

State of Crypto: The Latest on Congress’s Crypto Tax Provision

It's still unclear whether Congress will adopt any amendments.

Policy & regulation  ·  24 August 2021

State of Crypto: The Crypto Provision in the Infrastructure Bill Now Depends on Non-Crypto Issues

The crypto industry wants to change a tax provision when the House takes up the Senate's infrastructure bill, but other issues may take precedence.

Policy & regulation  ·  17 August 2021

IRS, in Boon to Crypto, Will Reportedly Ignore How Bill Defines Broker; Bitcoin Rises

Citing an unnamed official, Bloomberg said Treasury won’t go after crypto firms that don’t meet the tax code’s definitions of a “broker.”

Policy & regulation  ·  13 August 2021

Pelosi Ally Asks US House Speaker to Modify Crypto Language in Infrastructure Bill

Rep. Anna Eshoo endorsed a compromise amendment intended to narrow the scope of the term "broker" for crypto tax reporting purposes.

News  ·  12 August 2021
Crypto Taxes

By Taxing Crypto, the US Government Has Accepted It’s Here to Stay

There's a silver lining in Congress' efforts to impose a tax on crypto transactions: The U.S. finally accepts crypto is part of the economy.

Opinion  ·  11 August 2021

There’s Still Time to Fix Congress’s Crypto-Tax Mess

The Senate has failed to amend a provision that could cripple the U.S. cryptocurrency sector. But the game's not over yet.

Opinion  ·  11 August 2021

How to Make American Voters Care About Crypto

This infrastructure bill is just the beginning. Congress must answer to constituents, not to Crypto Twitter. What will make lawmakers spend political capital fighting for crypto?

Opinion  ·  10 August 2021

With Crypto Tax Rules, Conservatives Chose Tax Cheats Over Free Enterprise

One reason broken crypto rules passed the Senate today is that Republicans rejected another revenue source: the rich paying their fair share.

Opinion  ·  10 August 2021

US Senate Sends Infrastructure Bill to House

The bill contains a broad definition of "broker" for crypto tax reporting requirements that lawmakers and industry advocates sought to change over the past week.

News  ·  10 August 2021

State of Crypto: What Just Happened in the US Senate?

After all the drama of the past week, the industry is right where it was eight days ago.

Policy & regulation  ·  10 August 2021
Crypto Taxes

Institutional Investors Return to Bitcoin Despite US Crypto Tax Plans

Increased institutional on-chain activities have accompanied bitcoin's latest price rally.

Markets  ·  9 August 2021

Congress’s Misstep on Crypto Reporting Shows the Dangerous Allure of Surveillance

The visceral pushback to Sen. Rob Portman's reporting requirements isn't about avoiding taxes – it's about protecting digital liberties.

Opinion  ·  9 August 2021
Bitcoin Mining

Several Crypto Mining Stocks Up Sharply as Bitcoin Rises Above $46K

The increase also came at a time when bipartisan support emerged for excluding miners from being considered “brokers” in the U.S. infrastructure bill.

Markets  ·  9 August 2021

Senators Reach Compromise on Crypto Tax Provision in Infrastructure Bill

The infrastructure bill's crypto tax provision helped hold up the overall bill last week.

Policy & regulation  ·  9 August 2021