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Published 2 years ago

Portman, Toomey, Warner, Lummis, Sinema Introduce Legislation to Address Digital Asset Reporting Requirements in Bipartisan Infrastructure Bill

Summary by Ground News
U.S. Senators Rob Portman, Pat Toomey, Mark Warner, Cynthia Lummis, and Kyrsten Sinema introduce legislation to clarify the digital asset reporting requirements. Last August, the senators announced an agreement with the Department of the Treasury on an amendment to the infrastructure package. The amendment specifically excluded from reporting requirements services like mining and wallet providers who do not take custody of other individuals' cryptocurrency.

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