Washington Watch: Here’s how the infrastructure bill targets crypto — and how the industry could fight back

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The crypto industry has pledged to continue its fight against new tax rules included in the bipartisan infrastructure deal that awaits President Joe Biden’s signature following its passage by the House of Representatives last Friday.

The bill would require any person who regularly provides a service that executes transfers of digital assets, like bitcoin BTCUSD or ether ETHUSD, to report those transactions to the Internal Revenue Service, like securities brokers must do for stock and bond trades today. It would also require…

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