Major Verbage Change in the Infrastructure Bill as it relates to Crypto....

in #bitcoin2 months ago

It won't be the death of Crypto after all...

The original verbage in the Infrastructure Bill as it relates to bitcoin and crypto left some wondering if it might kill the industry.

And for good reason.

The original wording made it sound like miners and stakers could have similar reporting requirements as centralized Exchanges.

They are very very different.

The updates to the bill hopefully have changed that:

image.png

(Source: https://twitter.com/adamscochran/status/1421895105460441094)

Sounds like we can step back from the ledge a bit here...

Time will tell exactly what is in the bill though, or if it even passes.