7 Senators Urge Treasury and IRS to Rapidly Implement Crypto Tax Reporting Rule – Regulation Bitcoin News
October 13, 2023
In a Nutshell
Seven US senators, including Elizabeth Warren and Bernie Sanders, have written a letter to the Treasury Department and the IRS urging them to implement the proposed crypto broker reporting rule quickly. The senators are concerned about the two-year delay in implementing the rule, which they claim contravenes the bipartisan Infrastructure Investment and Jobs Act. They argue that…