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Infrastructure Bill
What US Senate’s $3.5T Budget Plan Could Mean for Crypto
U.S. senators voted along party lines to support a $3.5 trillion blueprint for President Joe Biden’s agenda. This includes the $1 trillion infrastructure bill that passed Tuesday, which included contentious tax reporting provisions on the crypto community.
'Bitcoin's Going to 7 Figures', Says Crypto Trader
Crypto Trader Scott Melker discusses his bullish outlook for bitcoin as it climbs 20% over the past week, despite some claiming the U.S. Senate's $1 trillion infrastructure bill could be bearish for the crypto markets. "Well, [the] price hasn't reacted bearishly," Melker said. "Bitcoin's going to seven figures. It's going to be a multi-million dollar figure."
Potential Impact of the Bipartisan Infrastructure Bill on Miners
Tanya Woods, General Counsel at North American mining giant Hut 8, discusses how the U.S. Senate’s $1 trillion bipartisan infrastructure bill could affect Hut 8, which operates exclusively in Canada, and how it could inform the outlook for crypto regulation in the Great White North.
How to Make American Voters Care About Crypto
This infrastructure bill is just the beginning. Congress must answer to constituents, not to Crypto Twitter. What will make lawmakers spend political capital fighting for crypto?
With Crypto Tax Rules, Conservatives Chose Tax Cheats Over Free Enterprise
One reason broken crypto rules passed the Senate today is that Republicans rejected another revenue source: the rich paying their fair share.
US Senate Passes $1T Bipartisan Infrastructure Bill
After months of negotiations, the U.S. Senate voted Tuesday to approve the $1 trillion bipartisan infrastructure bill without any crypto amendment. The legislative body will now send the original provision to the House of Representatives, where a resolution is to be motioned once members return from their recess in the fall.
US Senate Sends Infrastructure Bill to House
The bill contains a broad definition of "broker" for crypto tax reporting requirements that lawmakers and industry advocates sought to change over the past week.
Opimas CEO: ‘Huge Silver Lining for Crypto in Infrastructure Bill’
Octavio Marenzi, CEO of capital markets consultancy Opimas, discusses why the U.S. Senate’s $1 trillion infrastructure bill could have driven crypto markets higher. ”Within the infrastructure bill actually, there is a huge, huge silver lining for crypto, [and] I think that’s why we’re seeing bitcoin shoot up,” Marenzi said.