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The Breakdown With NLW Episode

This Overlooked Crypto Tax Provision Would Be a Disaster

It’s not the broker provision, but lurks in the same infrastructure bill and could conceivably be worse.
The Breakdown With NLW Episode
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This episode is sponsored by NYDIG.

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On this edition of “The Breakdown’s Weekly Recap,” NLW looks at:

  • Hidden crypto tax provision 6050I
  • Chilling language from British lawmakers around using CBDCs to control citizens’ spending
  • The Compound political gaffe

See also: Compound Founder Says $80M Bug Presents ‘Moral Dilemma’ for DeFi Users

“The Breakdown” is written, produced by and features NLW, with editing by Rob Mitchell and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor is “Tidal Wave” by BRASKO. Image credit: Overearth/iStock/Getty Images Plus, modified by CoinDesk.

This Overlooked Crypto Tax Provision Would Be a Disaster