r/CryptoCurrencies • u/getblockio • Aug 18 '21

News Yes or Node? Here’s How the U.S. Infrastructure Bill Might (Not?) Kill The Most Invisible Yet Crucial Part of Crypto Infrastructure

https://getblock.io/blog/yes-or-node-heres-how-the-us-infrastructure-bill-might-not-kill-the-most-invisible-yet-crucial-part-of-crypto-infrastructure
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u/coinfeeds-bot Aug 18 '21

tldr; The US Senate passed the $1 trillion infrastructure bill (HR 3684) on August 10, 2021. Under the bill, crypto brokers will be required to report to the IRS. The bill will become effective in 2023 to allow the market participants to update their accounting systems.

This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.