SHOCKING NEWS! THE USA IS ABOUT TO CANCEL CRYPTOCURRENCY| CRYPTO NEWS

SHOCKING NEWS! The USA is About to Cancel Cryptocurrency – CRYPTO NEW

What does bitcoin have to do with roads and bridges? A lot. The $1trn infrastructure bill the US Senate approved on Tuesday, is planning to be paid through the cryptocurrency affecting tax-reporting requirements for cryptocurrency brokers, the way stockbrokers report their customers’ sales to the US Internal Revenue Service (IRS). This could result in cryptocurrency being more tightly regulated which in its pushes for tax compliance, the Biden administration is keen to take forward. The plan could raise about $28bn in revenue over 10 years, Congressional accountants estimate, but is expected to increase further very quickly.

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SHOCKING NEWS! THE USA IS ABOUT TO CANCEL CRYPTOCURRENCY| CRYPTO NEWS

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