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Congress
House Moves to Consider Unamended Infrastructure Bill
The House will consider the bipartisan infrastructure bill on Sept. 27.

State of Crypto: The Latest on Congress's Crypto Tax Provision
It's still unclear whether Congress will adopt any amendments.

Cuando China habló, bitcoin reaccionó. ¿Cuando lo hizo Estados Unidos? No tanto
Días después de que China reiterara medidas drásticas contra el segmento cripto, bitcoin cayó hasta 30%. Estados Unidos, por su parte, parece no ser el centro del universo cripto.

Crypto Long & Short: When China Spoke, Bitcoin Reacted. America? Not So Much
It could just be the U.S. is not the center of the crypto universe.

US Reps. Emmer, Soto Reintroduce Legislation to Clarify 'Money Transmitter' Designation
The congressmen called proposed guidance from the Financial Action Taskforce "concerning."

Congressmen McHenry, Thompson Call SEC Chair Gensler’s Remarks on Crypto ‘Concerning’
The two congressmen wrote that rather than potentially regulating innovation and job creation out of the U.S., lawmakers and regulators should “promote an active dialogue between regulators and market participants.”

IRS, in Boon to Crypto, Will Reportedly Ignore How Bill Defines Broker; Bitcoin Rises
Citing an unnamed official, Bloomberg said Treasury won’t go after crypto firms that don’t meet the tax code’s definitions of a “broker.”

Bitcoin 30% Away From April Peak; Is It Overbought?
Kimberly Grauer, Director of Research at blockchain data platform Chainalysis, discusses whether bitcoin is overbought as it pulls back from the latest rally, explaining why the price run could reflect the industry reacting positively to the crypto regulatory conversations emerging from Congress. Plus, her take on the impact of China's crypto crackdowns versus U.S. regulatory scrutiny and DeFi risks.

Pelosi Ally Asks US House Speaker to Modify Crypto Language in Infrastructure Bill
Rep. Anna Eshoo endorsed a compromise amendment intended to narrow the scope of the term "broker" for crypto tax reporting purposes.

By Taxing Crypto, the US Government Has Accepted It's Here to Stay
There's a silver lining in Congress' efforts to impose a tax on crypto transactions: The U.S. finally accepts crypto is part of the economy.
