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Tag: infrastructure package

10 Congress Members Ask Nancy Pelosi to Help Revise Crypto Provision in Infrastructure Law

November 20, 2021 wp-bot Bitcoin News

Ten members of the U.S. House of Representatives have called on House Speaker Nancy Pelosi to address the problem with the crypto provision in the

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Congress Passes $1.2 Trillion Infrastructure Bill — Crypto Advocates Criticize Amended Broker Definition, Tax Code 6050I

November 7, 2021 wp-bot Bitcoin News

Congress has passed the Biden administration’s bill aimed at improving infrastructure, fighting climate change, and bolstering social services. The $1.2 trillion infrastructure bill, which also

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US Senator Warns Passing Unproven Crypto Law Will Stifle Innovation and ‘Make Americans Poorer’

August 8, 2021 wp-bot Bitcoin News

U.S. Senator Mike Lee has raised concerns that adopting the crypto tax provision in the $1.2 trillion infrastructure bill will stifle innovation and make Americans

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US Senator Urges Congress to Stop Treasury From Picking Winners and Losers in Crypto

August 7, 2021 wp-bot Bitcoin News

U.S. Senator Pat Toomey has called on Congress to stop the Treasury Department from maximizing its ability to regulate and tax crypto by picking winners

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White House Backs Crypto Tax Amendment Endorsing Proof-of-Work in Infrastructure Bill

August 6, 2021 wp-bot Bitcoin News

The White House has endorsed an amendment to the $1 trillion Infrastructure bill that supports proof-of-work over all other consensus mechanisms. However, the crypto community

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Biden to Step Up Crypto Tax Enforcement to Help Fund $1 Trillion US Infrastructure Plan

July 30, 2021 wp-bot Bitcoin News

U.S. President Joe Biden and lawmakers have agreed on the details of a roughly $1 trillion bipartisan infrastructure package with measures to step up tax

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