'This is no way to make policy:' Cryptocurrency advocates express frustration with bipartisan infrastructure language
CNN
As the Senate prepares to vote on the final passage of the massive $1.2 trillion bipartisan infrastructure package, members of the cryptocurrency space -- those in favor of using blockchain technology for online transactions -- are ramping up advocacy efforts against a last-minute cryptocurrency tax provision tacked onto the bill.
The provision would impose more federal regulation on cryptocurrencies and dramatically expand the number of cryptocurrency users who would have to report filings to the Internal Revenue Service.
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