Tag: Patrick J. Toomey of Pennsylvania

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Three US senators have proposed amending the infrastructure bill to exclude parts of the bitcoin industry.

A team of senators from the United States has proposed an amendment to the infrastructure bill that would exclude certain aspects of the bitcoin sector from a tax reporting requirement. Senators Ron Wyden of Oregon, Patrick J. Toomey of Pennsylvania, and Cynthia Lummis of Wyoming introduced an amendment on Wednesday that would exempt cryptocurrency miners and software developers from the bill's tax regulatory requirements.
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