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The House passed the bipartisan infrastructure bill⁠—here’s how crypto investors will be impacted

[CNBC, Twenty/20] The House passed the $1.2 trillion bipartisan infrastructure bill late Friday. Now, it’s off to President Joe Biden’s desk to be signed. The legislation includes tax reporting provisions that apply to digital assets like cryptocurrency and nonfungible tokens, or NFTs. There are two potential ways crypto investors will be impacted. […]

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‘There is no emergency,’ say crypto firms as US plans new ownership disclosure rules

[Business Insider, Getty Images] Coinbase, Kraken, and other cryptocurrency exchanges are pushing back against a US Treasury Dept. proposal that would require them to log personal details about the people who use cryptocurrency. Under the proposal, crypto companies would have to record and report crypto transactions above $10,000, just as […]

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