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Senators Eye Cryptocurrency Taxes to Fund Infrastructure Plan

  • Transactions of $10,000 or more would be reported to IRS
  • Crypto measures would raise $28 billion to offset plan costs
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Biden Agenda Makes Senate Headway With Infrastructure Deal
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The Senate’s bipartisan infrastructure deal envisions imposing stricter rules on cryptocurrency investors to collect more taxes to fund a portion of the $550 billion investment into transportation and power systems.