Senators voted along party lines to support a blueprint for President Joe Biden's agenda.
The amendment is a compromise between two previously proposed amendments.
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.
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.
Wyoming's Cynthia Lummis wants the U.S. government to make blockchain a priority.
Senator Kelly Loeffler received the hefty payout from her husband's company, Intercontinental Exchange, as she left bitcoin company Bakkt to take up her political position.
A draft bill posted Tuesday to the U.S. Senate Committee on Banking, Housing and Urban Affairs defines a "digital dollar" and details how it might be maintained.
Christoper Wray said crypto is becoming a "bigger and bigger" issue for the agency in a Senate hearing with Mitt Romney.
For a panel about a proposed cryptocurrency, Tuesday's Senate Facebook hearing was light on actual crypto talk.
Peter Van Valkenburgh explained the potential benefits from cryptocurrency and blockchain while Nouriel Roubini called it "the mother of all scams."
Economist Nouriel Roubini and Coin Center's Peter Van Valkenburgh will testify about crypto and blockchain before a U.S. Senate committee today.
A bipartisan group of U.S. senators is pushing for tighter sanctions against Venezuela's state-backed cryptocurrency, known as the petro.
The U.S. Senate Committee on Energy and Natural Resources hosted a hearing Tuesday on the "energy efficiency of blockchain and similar technologies."