US Congressmen Introduce Bill to Modify Crypto Tax Provision in Infrastructure Law

US Congressmen Introduce Bill to Modify Crypto Tax Provision in Infrastructure Law
A bipartisan group of U.S. lawmakers have introduced a bill to amend the crypto-related provisions in the bipartisan infrastructure bill signed into law earlier this week.The “Keep Innovation in America Act,” introduced Thursday, would amend the definition of a crypto broker included in the Infrastructure Investment and Jobs Act, the bipartisan infrastructure bill passed by both the House and Senate earlier this year before being signed into law by U.S. President Joe Biden. The bill also seeks to modify a provision of the new law that amends section 6050I in the tax code, as well as address transactions between brokers…