By Matthew Makowski The markets have shown a surprising amount of resiliency against the latest attempts at governmental crypto crackdowns. First came news that additional scrutiny would be added to the infrastructure bill. Then a crypto bill was introduced in Congress. Meanwhile, the crypto markets have just kept chugging along. Here are the important details…
Deep in the bipartisan infrastructure package was language suggesting sweeping measures that would generate significant tax revenue. It was estimated that the new reporting rules for crypto exchanges would generate $28 billion to help fund the bill over the next 10 years. But the amendment faced a lot of …read more
