Toomey to Offer Cryptocurrency Amendment to Infrastructure Bill

Republican Senator Pat Toomey says he will offer an amendment to fix the “overly broad” definition of a broker used in the cryptocurrency provision of the bipartisan infrastructure bill.

• Congress shouldn’t ``rush forward with this hastily-designed tax reporting regime for cryptocurrency, especially without a full understanding of the consequences.,” Toomey, ranking member of the Senate Banking Committee, says in statement
• NOTE: Blockchain Association Urges Senate to Clarify Crypto Language

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Maria Luiza Rabello in Brasilia Newsroom at mrabello@bloomberg.net

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Kasia Klimasinska at kklimasinska@bloomberg.net

Maria Luiza Rabello, ...