Storyboard

Why the Crypto Industry's Not Happy with the Senate's Infrastructure Bill

Congress is beginning to work out the details of its $1 trillion infrastructure bill, but not everyone is happy with the proposal. Though the bill promises investments in broadband internet and electric vehicles, some of that funding will come from a tax on cryptocurrencies. The industry says it will fight the "unworkable" language in the bill, which could generate $30 billion in taxes. Senate Finance Chair Ron Wyden has already stated he'll try and amend the provision.

Avatar - Tech
Curated by
Tech
    • Bitcoin
    • Cryptocurrency
    • Finance
    • Digital Currency
    • Ethereum
Why the Crypto Industry's Not Happy with the Senate's Infrastructure Bill

Photo: ic-cdn.flipboard.com

Continue to read
16 stories in this Storyboard

Related articles

More stories from Bitcoin

More stories from Cryptocurrency