Incoming House Financial Services Committee Chair Asks Secretary Yellen to Delay Crypto Tax Provision

“Treasury’s acknowledgement that ‘ancillary parties who cannot get access to information that is useful to the IRS are not intended to be captured by reporting requirements for brokers’ is a positive step,” McHenry’s letter said, referring to the Internal Revenue Service. “It is also consistent with the policies outlined in H.R. 6006, Keep Innovation in America Act, which I introduced last year.”