Crypto news. Bitcoin news. Infrastructure bill crypto.
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We don’t have much time until a bill will be voted on that impacts crypto holders. This is the U.S. infrastructure bill sitting on the House floor. Hidden in this spending bill is new legislation on crypto.
however, it seems like there is a lot of confusion on what this legislation actually does so having a lot of experience in interpreting legislation I decided to do my part here and break down this bill to show what it really does, this way you can make more informed decisions.
Let’s talk about this bill’s likely future, what’s in the bill, how it impacts crypto, and where the confusion lies.
The bill in question is the $1 trillion dollar united states bipartisan spending bill. This massive bill made to give the United States a kind of infrastructure a face-lift has already passed in the Senate and now needs a thumbs up from the House and President.
The House is set to vote on this bill on Thursday the 30th of September
0:00 Hello
0:36 Why this bill matters
2:41 Overview of bill and spending items
7:52 How crypto fits in to this bill
10:38 How crypto will be treated
11:43 Should you be worried
13:09 Biden’s package
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*I am not a financial advisor. This is not financial advice*