The recently passed infrastructure bill has been introduced by a bipartisan group of US lawmakers. It will change tax reporting requirements.

Patrick McHenry, House Representative and Tim Ryan IntroducedKeep Innovation in America Act. ChangeThe definition of broker, as it is defined by HR 3684 (the bipartisan infrastructure bill) President Joe Biden signed the bill into lawMonday. The bill proposes pushing back the mandated reporting requirements — which includes that digital asset transactions worth more than $10,000 must be declared to the Internal Revenue Service — from 2024 to 2026.