U.S. Republican Representative Patrick McHenry called for clarification on a “poorly” written digital asset tax provision in a letter to the Treasury.
Congress’s Misstep on Crypto Reporting Shows the Dangerous Allure of Surveillance
The visceral pushback to Sen. Rob Portman’s reporting requirements isn’t about avoiding taxes – it’s about protecting digital liberties.
Unchanged crypto tax bill will be put to a vote on Tuesday
Senate talks regarding the controversial crypto provisions to the U.S. infrastructure bill have ended without amendment, suggesting the original bill will be voted on come Tuesday.
Lead Republican behind infrastructure bill negotiations supports crypto amendment
The senator’s stance is somewhat surprising given he has previously called the section on brokers in the proposed bill a “common-sense provision.”