Infrastructure bill: Battle to move to the House of Reps as Senate fails to pass crypto-friendly amendment By BTC Peers

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Infrastructure bill: Battle to move to the House of Reps as Senate fails to pass crypto-friendly amendment Following the failure to pass a crypto-friendly draft of the infrastructure bill at the Senate, the battle will likely be moved to the United States House of Representatives. The original version of the highly controversial infrastructure bill was passed by the Senate in a 69-30 vote on Wednesday. All attempts to amend the scope of the term “broker” proved abortive as lawmakers failed to reach unanimous consent. The implication is that businesses handling cryptocurrencies might be subjected to tighter rules on reporting requirements. Despite the lack of amendment in favor of the crypto industry, four of the senators (Rob Portman, Mark Warner, Kyrsten Sinema, and Ron Wyden) who proposed a compromise amendment on Monday voted in favor of the infrastructure bill. Only Pat Toomey, Cynthia Lummis opposed the bill. Stating his reason for voting nay, Pennsylvania senato
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