New Ohio Sen. Portman-Endorsed Infrastructure Amendment Could Hurt Cryptocurrency Industry, J.D. Vance Says

A proposed amendment to the bipartisan infrastructure legislation, introduced by Senators Rob Portman (R-OH), Mark Warner (D-VA), and Kyrsten Sinema (D-AZ), could dramatically harm the cryptocurrency industry, according to various officials.

The measure would increase IRS reporting requirements for the cryptocurrency industry, a move that could potentially hurt American innovation.

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