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#IRS

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As noted in our prior post featuring an article published in Bloomberg Tax authored by David Zaslowsky and Christopher Murrer, the Digital Asset provisions of the U.S. Infrastructure Bill were subject to harsh criticism by many in the cryptocurrency industry and certain U.S. Congresspersons. Nonetheless, these provisions remained unchanged when the U.S. Infrastructure Bill was signed into law by President Biden on November 15. The cryptocurrency industry continues efforts to convince Congress that changes or…