How the Infrastructure Bill Could Change Crypto

[Sucker]

What Could the Infrastructure Bill Do to Crypto Regulation?

Despite the dearth of a clear regulatory framework overseeing crypto in the U.S., legislation currently sits in the House of Representatives that could be a step toward determining its fate, for better or worse.

The infrastructure bill, targeted at investing $1.2 trillion over the ensuing eight years, would have tighter tax reporting requirements levied on brokers who facilitate cryptocurrency trading, among other types of trading. This would raise a projected $28 billion from more stringent information reporting for cryptocurrency transactions

Specifically, the Senate bill includes a provision which would impose reporting requirements for "brokers" about crypto transactions for standard items most stock brokers report on investments already – basic data such as price points at purchase and sale, etc.

[Sucker]

https://www.google.com/amp/s/www.kiplinger.com/investing/cryptocurrency/603692/infrastructure-bill-change-crypto%3famp

[Sword_KanthaRao]

infrstructure bill passed..

Immigration kuda include vunde na ie bill lo or was that part of another one ?

America rajakeeyam expert @Sucker ravale..

[Pulkapresident]

4 minutes ago, Sword_KanthaRao said:

infrstructure bill passed..

Immigration kuda include vunde na ie bill lo or was that part of another one ?

America rajakeeyam expert @Sucker ravale..

Pedda matter em ledu akkada, you need to start paying taxes on crypto, reporting requirements for crypto investments have changed. Need to get multiple 1099s from each website you're trading NFTs. 

[Sucker]

6 minutes ago, Pulkapresident said:

Pedda matter em ledu akkada, you need to start paying taxes on crypto, reporting requirements for crypto investments have changed. Need to get multiple 1099s from each website you're trading NFTs. 

Nuv anukunnantha veasy kaadu vaunty poramboku exchange la profit loss  chupiyyatam. Naa laddu la di konanike oka mini war aithadi some crypto inka andula trading details ante aa devunike yeruka aa kashtalu 

[Ryzen_renoir]

16 minutes ago, Sword_KanthaRao said:

infrstructure bill passed..

Immigration kuda include vunde na ie bill lo or was that part of another one ?

America rajakeeyam expert @Sucker ravale..

Legal immigration ki emi proposals levu , other than expanding funding for processing services 

[Sucker]

14 minutes ago, Sword_KanthaRao said:

infrstructure bill passed..

Immigration kuda include vunde na ie bill lo or was that part of another one ?

America rajakeeyam expert @Sucker ravale..

Immi bill is part of BBB baa. Actual ga original plan yentate iyyala Infrastructure Bill and idhi kalipi pass cbeyyale. But some Dems CBO score lekunda BBB ki vote veyyamu annaru in house la. Ee Infrastructure Bill anedi senate la already passed so iyyala house la pass chesaru night ki Sleepy sign pedathadu repu law aithadi. Here situation is Infrastructure and BBB combined vasthe BBB ki more chances vundevi house la but now it seems BBB bill assamed. Saying they will pass until 15th but it is almost dead okavela miracle jarigi house la pass ayyina adi parliamentarian dhaati senate ki povali. Adi impossible task immigration ki. Adi baa story. Yedo neeku ardham ayye language la cheppa ardham aithe beer vesi paduko kaakunna vesi paduko. 

[Pulkapresident]

48 minutes ago, Sucker said:

Nuv anukunnantha veasy kaadu vaunty poramboku exchange la profit loss  chupiyyatam. Naa laddu la di konanike oka mini war aithadi some crypto inka andula trading details ante aa devunike yeruka aa kashtalu 

Adanta manam enduku chestaam vaa, anduke ga tax accountants undedi

[Sucker]

1 minute ago, Pulkapresident said:

Adanta manam enduku chestaam vaa, anduke ga tax accountants undedi

Acc vunna manam chala disclose cheyyatam marchipotham e crypto exchanges lo. Robinhoodand webulls coinbase lu easy peasy report  betrayal but Crypto.com , Bitmart , binqnce US , Kicoin , metamask , Trust Wallet etc veeti la yedanna kone appaudu 3rd party vadu charge cbesthadu transaction avanni mana statement la oka 1 year teatvatha chusina ardham kaavu girthu vundavu. Straight forward lu veru e coins report cbeyyatam veru. Big mess vaunty.