Treasury signaling BTC miners will not have to follow IRS reporting rules for brokers
https://ift.tt/ayQzAmf
Via @allyversprille (Bloomberg) on Twitter, waiting on full article.
Edit: [full article here](https://ift.tt/8sIRT9qcrypto-miners-won-t-face-irs-reporting-rules)
Treasury’s letter to Senators today expressed “ancillary parties who cannot get access to information that is useful to the IRS are not intended to be captured by the reporting requirements for brokers…”
Huge news for those of us concerned about the language of the US infrastructure bill passed earlier this year. Pretty common sense stuff here, but you never know when it comes to the Treasury and IRS.
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