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Senators propose exclusion of miners, software developers in infrastructure bill
- chomp 5y agoTL;DR - Some senators think that the language is too vague and a crypto developer could fall into the definition of a broker, causing them to have strict IRS reporting requirements.
- ilaksh 5y agoThis is not a minor thing. The KYC stuff can effectively _ban cryptocurrency_ and some are trying to get an exception for _bitcoin only_. This is the equivalent of banning all computers that came out in the last five years.
- ellisv 5y agoMore conversation in https://news.ycombinator.com/item?id=28074809 https://news.ycombinator.com/item?id=28074809 cc: dang