The Senate could still adopt an amendment to the crypto provision through unanimous consent, but it would require every senator to agree.
The amendment is a compromise between two previously proposed amendments.
A handful of lawmakers have expressed support for the Wyden/Toomey/Lummis amendment to the crypto provision.
The car company's CEO responded via Twitter to a thread by Coinbase CEO Brian Armstrong, who has been critical of the tax provision and a late amendment to it.
With two competing amendments and pressure from the White House and Treasury, crypto taxation is suddenly the crux of the massive infrastructure bill.
Senators had hoped to pass the bipartisan bill on Thursday night, but issues remained unresolved around the cryptocurrency regulations.
The amendment excludes only proof-of-work mining, or the selling of hardware or software that gives individuals control of private keys to access digital assets.
Sen. Rob Portman is believed to have authored the original crypto tax reporting provision with support from the Biden administration.
The carve-out would allow for miners, developers and node operators to be exempt from broker tax reporting purposes.
Portman argues his "common sense" provision will provide clarity for the crypto industry by standardizing information reporting of brokers.
Enactment of the bill, if it is passed and signed into law, is still far off.
Bitcoin does not have a CEO but it does have lawyers.
Congress's infrastructure bill may not be great for the U.S. crypto sector, but that there's a tax provision at all shows lawmakers recognize the industry's permanence.
The crypto provision in the U.S. infrastructure bill was one of a handful of issues that nearly delayed the entire package.
An updated draft of a controversial crypto reporting requirement clarifies that brokers "effectuate" transfers of digital assets, but stops short of explicitly excluding miners or other parties that don't provide customer transactions.