Crypto Investors Should Know About President Biden’s Cryptocurrency Infrastructure Bill

Biden's cryptocurrency infrastructure bill

President Joe Biden recently signed a $1.2 trillion bipartisan infrastructure bill, which includes some new crypto legislation to be aware of it. Brokers, or bitcoin exchanges, will be required to issue a 1099-B under the new rule. In other words, crypto exchanges will now get compelled to report crypto transactions to the IRS immediately. “For … Read more