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US Infra Act: Cryptoverse Says the Fight Isn’t Over, But Things Could Get ‘Messy’
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cryptonews.comCrypto advocates have vowed to keep fighting the controversial Infrastructure Investment and Jobs Act despite the fact that the United States President Joe Biden signed the act into law on Monday, leaving much-maligned “digital asset broker” status clauses intact.
The American crypto community had fought in both the Senate and Congress to amend the definition of “broker” in the bill, but these efforts now appear to have been in vain – meaning that miners and node operators could now be forced to make complicated crypto tax calculations. Unless, that is, the Treasury decides to fine-tune the legislation.
In the Senate, the ball is already rolling, with the pro-crypto senators Cynthia Lummis and Ron Wyden co-sponsoring a draft amendment to the
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