Are crypto investors about to pay more taxes? Frank Holmes on new IRS rules, gold, metaverse

Are crypto investors about to pay more taxes? Frank Holmes on new IRS rules, gold, metaverse

Congress may be about to enforce crypto brokers to submit more client information to the Internal Revenue Service.

This comes as the new Senate Infrastructure bill contains language that could affect crypto investors in the U.S., while being vague about what constitutes a “broker.”

Frank Holmes, CEO of U.S. Global Investors and executive chairman of Hive Blockchain, discusses the ramifications of this Infrastructure bill with David Lin, anchor for Kitco News.

Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV)
Follow Frank Holmes on Twitter: @bulldogholmes (https://twitter.com/bulldogholmes)

0:00 – IRS and crypto
6:38 – The metaverse
13:05 – Gold

#bitcoin #crypto #gold

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