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Senate
Senators Reach Compromise on Crypto Tax Provision in Infrastructure Bill
Rep. Cynthia Lummis and other U.S. senators announced a compromise to the tax provision in the $1 trillion infrastructure bill Monday that would exempt crypto transaction validators from a broadened definition of “broker.” However, unless it receives unanimous consent before a final vote by Tuesday, the bill will likely be sent to the House as-is, without any amendments. "You need no senator to object to the adoption of this new language," host Naomi Brockwell said. "It's a very narrow path, and it's not clear whether this is going to be feasible."
Senador solitário rejeita compromisso de Cripto em projeto de lei de infraestrutura
O compromisso precisava de consentimento unânime – ou seja, sem objeções – para ser aprovado.
US Senate Set for Final Vote on $1T Infrastructure Bill
The U.S. Senate is moving forward with a final vote on the $1 trillion infrastructure bill this week, despite no outcome being decided for any of the proposed crypto-focused amendments. This includes the bill not offering clarity on the definition of "broker." CoinDesk's Nikhilesh De discusses why the bill is likely to proceed as-is and the worst possibilities if it does.
Sam Bankman-Fried on $1T Infrastructure Bill Crypto Impact: 'Clarification Is Going to Be Sacrificed in Order to Get the Bill Moving Forward'
FTX CEO Sam Bankman-Fried discusses why he doesn't think the proposed crypto provision will be amended in the Senate's $1 trillion infrastructure bill and its potential impact on the digital asset industry and the wider U.S. economy. "The way this is headed is that clarification on this is going to be sacrificed in order to get the bill moving forward," he said. Plus, his reading of bitcoin's "surprisingly bullish price movement" as it soared above $45K.
Why Did Bitcoin Surge Above $45K?
Teddy Fusaro, the president of crypto asset manager Bitwise, discusses his analysis and outlook for bitcoin as it rallied above $45,000. Plus, his take on market reactions to the US infrastructure bill. "It doesn't look great for what the short-term results are going to be of the effect of this lobbying effort, but it's impossible to ignore that the cryptocurrency community now has a voice," Fusaro said.
Senado avança projeto de lei de infraestrutura sem alterar a disposição de Cripto
O Senado ainda pode adotar uma emenda à disposição sobre Cripto por consentimento unânime, mas isso exigiria que todos os senadores concordassem.
Projeto de Lei de Infraestrutura do Senado: O que esperar no sábado
Vários legisladores expressaram apoio à emenda Wyden/Toomey/Lummis à disposição sobre Cripto .
Competing Amendments Regarding Crypto Provisions Submitted as Senate Expected to Vote on $1T Infrastructure Bill
While Senators Ron Wyden (D-Ore.), Pat Toomey (R-Pa.), and Cynthia Lummis (R-Wyo.) are pushing for their amendment to the $1 trillion bipartisan infrastructure package, another camp of lawmakers -- Senators Mark Warner (D-Va.) and Rob Portman (R-Ohio) have also submitted a competing amendment. This comes as Congress has scheduled a pivotal vote for Saturday to finalize the bill. CoinDesk's Brad Keoun and Christie Harkin discuss the details of each amendment and what they could mean for the crypto industry.
What to Know About Two New Amendments to US Infrastructure Bill
U.S. Treasury Secretary Janet Yellen has reportedly been lobbying against cryptocurrency legislation proposed by Sen. Ron Wyden (D-Ore.) and other senators. Meanwhile, the White House is supporting a competing amendment that excludes proof-of-work miners from the reporting provision.
Quantum Economics Exec: ETH Driving Crypto Markets, Not BTC
The crypto markets are popping up, and many suggest Ethereum’s London hard fork upgrade was a potential catalyst. “[Bitcoin] maxis will probably get upset with me on this, but Ethereum is definitely the driver of the markets,” said Quantum Economics Analyst Alexandre Lores in explaining his reading of the price boost.