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.

Aug 10, 2021

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.

Aug 10, 2021

Policy

After all the drama of the past week, the industry is right where it was eight days ago.

By Nikhilesh DeAug 10, 2021

Markets

Increased institutional on-chain activities have accompanied bitcoin's latest price rally.

By Muyao ShenAug 9, 2021

Markets

The visceral pushback to Sen. Rob Portman's reporting requirements isn't about avoiding taxes – it's about protecting digital liberties.

By David Z. MorrisAug 9, 2021

Markets

The increase also came at a time when bipartisan support emerged for excluding miners from being considered “brokers” in the U.S. infrastructure bill.

By Nate DiCamilloAug 9, 2021

By Nathaniel WhittemoreAug 9, 2021

By Adam B. LevineAug 9, 2021

Policy

The compromise needed unanimous consent – meaning no objections – to pass.

By Nikhilesh DeAug 9, 2021

Policy

The Senate could still adopt an amendment to the crypto provision through unanimous consent, but it would require every senator to agree.

By Nikhilesh DeAug 9, 2021