Senators Push “Disastrous” Alternative Infrastructure Bill Change

Reading Time: 2 minutes A “disastrous” rival amendment to the cryptocurrency provision of the Infrastructure Bill has been tabled by two senators The new amendment only excludes proof-of-work miners but includes all other potentially affected sectors The bill will likely be voted on tomorrow The Biden administration has thrown a spanner into the works of the hard-fought amendment to the crypto element of the Infrastructure Bill at the eleventh hour. Two White House senators, Mark Warner and Rob Portman, published an alternative amendment which still includes cryptocurrency project developers and proof-of-stake validators among the list of those who would be subject to expanded reporting
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