In the United States Intend to Pass a Bill on Extended Taxation by September 27
The $1 trillion infrastructure bill will be voted in the US House of Representatives without any amendments to the cryptocurrency tax regulations by September 27.
House Speaker Nancy Pelosi said she is committed to passing a bipartisan infrastructure bill by September 27.
In late July, several amendments were added to the infrastructure bill to raise an additional $28 billion by expanding tax liabilities for the crypto sector.
However, the vague wording contained in the bill shocked the crypto community, and analysts believe it will impose strict third-party reporting requirements for network validators and software developers who fail to meet the new binding obligations.