Treasury will not target non-brokers like miners even if the crypto tax provision isn't amended

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Treasury will not target non-brokers like miners even if the crypto tax provision isn't amended (via CNBCMakeIt)

Cryptocurrency advocates and some U.S. policymakers have urged for an amendment to the cryptocurrency tax reporting provision in the $1 trillion infrastructure bill.

. Cryptocurrency advocates are concerned that the current language could potentially target those without customers who therefore wouldn't have access to the information needed to comply.The U.S. Treasury Department will not target non-brokers, such as miners, hardware developers and others, even if the provision isn't amended, a Treasury official tells CNBC Make It.

 

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