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There’s Still Time to Fix Congress’s Crypto-Tax Mess

The Senate has failed to amend a provision that could cripple the U.S. cryptocurrency sector. But the game's not over yet.

By David Z. Morris

Updated Sep 14, 2021, 1:47 p.m. Published Aug 11, 2021, 4:01 p.m.

Senator Rob Portman (R-Ohio), author of a cryptocurrency tax reporting provision that has stoked intense backlash from privacy and free speech advocates. Portman has clarified before Congress that the measure is not intended to impact miners or other "non-brokers."