The New House Financial Services Committee Head Wants To Postpone Crypto Tax Measures

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For a.m. Friday, December 16th, 2022. The new House financial services committee head wants to postpone crypto tax measures. Patrick mchenry wants the treasury to postpone the infrastructure investment and jobs acts digital asset and tax collection portion. Mchenry claims the clause is poorly written and at brokers might be misinterpreted. The rule was challenged earlier this year by coin center, a blockchain advocacy organization. Crypto miners and stackers are exempt from the new law, according to senator rob Portman's tweet of a treasury letter read more

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