The amendment is a compromise between two previously proposed amendments.
U.S. Senators Mark Warner (D-Va.) and Kyrsten Sinema (D-Ariz.) on Saturday updated their amendment modifying a crypto tax reporting provision in the Senate’s landmark infrastructure bill.
The original amendment, introduced late Thursday, would exclude cryptocurrency miners who are involved in validating transactions on distributed ledgers and companies that are selling private key hardware or software wallets.
An initial updated version would broaden the exemption beyond just proof-of-work validators, but a second revision appears to only exempt proof-of-work and proof-of-stake validators.
Coindesk
