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Infrastructure Bill
What the Infrastructure Bill Could Mean for Crypto Firms
Jeff Horowitz, Chief Compliance Officer of crypto custodian BitGo, digs into the U.S. Senate's $1 trillion infrastructure bill and what it could mean for his business. "I don't see it as a day one issue for us, but as we've seen this week, really broad and narrowly defined definitions could mean a lot," Horowitz said. "To put a bill out there and figure out later is not the best way to go about sensible regulation." Plus, his insights into why the U.S. government has given a contract to Anchorage Digital over BitGo and broader crypto adoption for the institutional markets.
Senate Rejects Compromise Crypto Tax Amendment in $1T Infrastructure Bill
Perianne Boring, founder and president of lobbying group Chamber of Digital Commerce, discusses the details, reactions, and potential impacts of the Senate’s rejection of a compromise crypto tax amendment in the $1 trillion infrastructure bill. “About 2% of legislation ever introduced actually becomes law,” Boring said.
Is the Battle Over After Crypto Amendment Blocked In Senate?
After a vote Monday, U.S. Sen. Richard Shelby (R-Ala.) filed an objection to the bipartisan compromise on a crypto tax provision in its $1 trillion infrastructure bill. The Senate is now poised to pass the version without the crypto amendment. Next, it's expected to send the bill to the House of Representatives, which prepares to take it up later this year. CoinDesk's Global Policy & Regulation Managing Editor Nikhilesh De discusses what happened during the 11th-hour debate on the crypto amendment and the implications for crypto.
State of Crypto: What Just Happened in the US Senate?
After all the drama of the past week, the industry is right where it was eight days ago.
Institutional Investors Return to Bitcoin Despite US Crypto Tax Plans
Increased institutional on-chain activities have accompanied bitcoin's latest price rally.
Congress’s Misstep on Crypto Reporting Shows the Dangerous Allure of Surveillance
The visceral pushback to Sen. Rob Portman's reporting requirements isn't about avoiding taxes – it's about protecting digital liberties.
Several Crypto Mining Stocks Up Sharply as Bitcoin Rises Above $46K
The increase also came at a time when bipartisan support emerged for excluding miners from being considered “brokers” in the U.S. infrastructure bill.
Lone Senator Rejects Crypto Compromise in Infrastructure Bill
The compromise needed unanimous consent – meaning no objections – to pass.
