Archive: infrastructure plan
Crypto Insider: How the Infrastructure Bill Will Impact the Crypto Industry
By Early Investing on August 9, 2021
Congress is looking to crypto to help fund part of its $1 trillion infrastructure plan. But the language used in the infrastructure bill is so broad, it could spell bad news for the crypto universe. Essentially, the bill requires anyone who touches a crypto transaction to report the transaction to the IRS, just as securities brokers must do for stock and bond trades. This includes crypto miners, crypto wallet makers, software…