Sens. Float Leaner Cryptocurrency Rule For Infrastructure Bill

By Stephen Cooper (August 4, 2021, 6:31 PM EDT) -- Senate lawmakers considering a $1.2 trillion bipartisan infrastructure bill sought Wednesday to narrow their proposal to impose heightened cryptocurrency reporting requirements to ensure that only brokers would be affected by the sweeping changes to the oversight of the digital assets.

Sen. Ron Wyden, chair of the Senate Finance Committee, takes questions Wednesday as he arrives for votes on amendments to the $1.2 trillion bipartisan infrastructure bill. (AP Photo/J. Scott Applewhite) Senate Finance Committee Chair Ron Wyden, D-Ore., along with Sens. Pat Toomey, R-Pa., and Cynthia Lummis, R-Wyo., offered an amendment to the Infrastructure Investment and Jobs Act, or H.R. 3684, that...

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