New us rules and impact on crypto

in ethereum •  3 years ago 

New US infra bill has new reporting rules,
exclude proof-of-stake validators as well as proof-of-work cryptocurrency miners from the crypto tax reporting provision. Warner noted to reporters that this was likely the final list of exemptions, which leaves software developers and decentralized platforms exposed to the new statute.
Initially only POW was excluded now does this mean all PoS coins are also excluded? How will this impact ethereum

ethereum crypto
3 years ago by

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