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The New House Financial Services Committee Head Wants To Postpone Crypto Tax Measures

Blockchain 

Cryptocoins News / Blockchain  66 Views


Patrick McHenry wants the Treasury to postpone the Infrastructure Investment and Jobs Act's digital asset and tax collection portion. McHenry claims the clause is poorly written and that brokers might be misinterpreted. The rule was challenged earlier this year by Coin Center, a blockchain advocacy organization. Crypto miners and stakers are exempt from the new law, according to Senator Rob Portman's tweet of a Treasury letter. (Read More)
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