<div dir="ltr"><div class="gmail_default" style="font-size:small"><div class="gmail_default">The issue here is that the recent US Infrastructure Law contained a provision, like the existing one for cash, that all crypto transactions over $10k have to be reported to the government. While this could be seen as something of a win for the crypto folks, i.e. crypto getting respect, the blanket inclusion of all "digital assets" is seen as overly broad, since it will include less fungible items such as NFTs and more obscure cryptocurrencies, as well as the more cash-like 'stablecoins' aka LTDA, or legal tender digital assets. It is suggested that much higher reporting thresholds be made for some classes of asset. </div><div class="gmail_quote"><div class="gmail_default"></div><br><u></u><div><table border="0" cellspacing="0" cellpadding="0" bgcolor="#DDDDDD" style="width:675.852px;background:rgb(221,221,221)"><tbody><tr><td><table border="0" cellspacing="0" cellpadding="0" align="center" style="width:675.852px;padding:10px"><tbody><tr><td><div style="direction:ltr;max-width:600px;margin:0px auto;overflow:hidden"><table border="0" cellspacing="0" cellpadding="0" bgcolor="#ffffff" style="width:600px;background-color:rgb(255,255,255);max-width:1024px;min-width:320px;margin:0px auto"><tbody><tr><td><table border="0" cellspacing="0" cellpadding="0" height="8" style="width:600px;background-image:url("https://s0.wp.com/i/emails/stripes.gif");background-repeat:repeat-x;background-color:rgb(67,164,208);height:8px"><tbody><tr><td></td></tr></tbody></table><br><table border="0" cellspacing="0" cellpadding="20" bgcolor="#ffffff" style="width:600px"><tbody><tr><td><table border="0" cellspacing="0" cellpadding="0" style="width:560px"><tbody><tr><td valign="top"><div style="direction:ltr;margin-top:1em;max-width:560px"><p style="direction:ltr;font-size:14px;line-height:1.4em;color:rgb(68,68,68);font-family:"Helvetica Neue",Helvetica,Arial,sans-serif;margin:0px 0px 1em"><a href="http://livestream.com/internetsociety/techpolicyrecess" target="_blank" style="color:rgb(37,133,178)"><img border="0" src="https://isoc.live/wp-content/uploads/2022/01/techpolicyrecess-300x169.png" alt="livestream" width="300" height="169" style="max-width: 100%; height: auto; margin-bottom: 12px; clear: both; float: right; margin-left: 1em; padding: 4px; border: 1px solid rgb(204, 204, 204);"></a>On <strong>Friday 14 January 2022</strong> at <strong>2pm-3pm EST</strong> (19:00-20:00 UTC) the <strong><a href="https://www.netcaucus.org/" target="_blank" style="color:rgb(37,133,178)">Congressional Internet Caucus Academy</a></strong> (CICA) hosts a <strong>Tech Policy Recess</strong> discussion on '<strong><a href="https://www.netcaucus.org/event/january-tech-policy-recess-blockchain-brokers/" target="_blank" style="color:rgb(37,133,178)">Blockchain, Brokers & Web3: Can Congress Fix The Infrastructure Bill and Grow The Decentralized Web?'</a></strong>, which will examine the <strong><a href="https://www.coindesk.com/policy/2021/11/18/us-congressmen-introduce-bill-to-modify-crypto-tax-provision-in-infrastructure-law/" target="_blank" style="color:rgb(37,133,178)">calls to revise</a></strong> the "broker" language in the Infrastructure Bill that was recently signed into law.</p><p style="direction:ltr;font-size:14px;line-height:1.4em;color:rgb(68,68,68);font-family:"Helvetica Neue",Helvetica,Arial,sans-serif;margin:0px 0px 1em"><strong>INTRODUCTION</strong><br><strong>Bill Rockwood</strong>, U.S. House of Representatives, Office of Congressman Darren Soto</p><p style="direction:ltr;font-size:14px;line-height:1.4em;color:rgb(68,68,68);font-family:"Helvetica Neue",Helvetica,Arial,sans-serif;margin:0px 0px 1em"><strong>PANEL</strong><br><strong>Tim Massad</strong>, Research Fellow, Harvard Kennedy School<br><strong>Marta Belcher</strong>, Chair, Filecoin Foundation<br><strong>Jacob Hample</strong>, Director of Government Affairs & Policy, Blockchain Association</p><p style="direction:ltr;font-size:14px;line-height:1.4em;color:rgb(68,68,68);font-family:"Helvetica Neue",Helvetica,Arial,sans-serif;margin:0px 0px 1em"><strong>HOST / MODERATOR</strong><br><strong>Tim Lordan</strong>, Executive Director, Internet Education Foundation (IEF)</p><p style="direction:ltr;font-size:14px;line-height:1.4em;color:rgb(68,68,68);font-family:"Helvetica Neue",Helvetica,Arial,sans-serif;margin:0px 0px 1em">The session will be webcast via a partnership with the <strong><a href="https://isoc-dc.org/" target="_blank" style="color:rgb(37,133,178)">Internet Society Washington DC Chapter.</a></strong></p><p style="direction:ltr;font-size:14px;line-height:1.4em;color:rgb(68,68,68);font-family:"Helvetica Neue",Helvetica,Arial,sans-serif;margin:0px 0px 1em"></p><p style="direction:ltr;font-size:14px;line-height:1.4em;color:rgb(68,68,68);font-family:"Helvetica Neue",Helvetica,Arial,sans-serif;margin:0px 0px 1em"><strong>LIVESTREAM <a href="http://livestream.com/internetsociety/techpolicyrecess" target="_blank" style="color:rgb(37,133,178)">http://livestream.com/internetsociety/techpolicyrecess</a></strong></p><p style="direction:ltr;font-size:14px;line-height:1.4em;color:rgb(68,68,68);font-family:"Helvetica Neue",Helvetica,Arial,sans-serif;margin:0px 0px 1em"><strong>PARTICIPATE VIA ZOOM <a href="https://bit.ly/3Gvpb6B" target="_blank" style="color:rgb(37,133,178)">https://bit.ly/3Gvpb6B</a></strong></p><p style="direction:ltr;font-size:14px;line-height:1.4em;color:rgb(68,68,68);font-family:"Helvetica Neue",Helvetica,Arial,sans-serif;margin:0px 0px 1em"><strong>REAL TIME TEXT <a href="https://bit.ly/3fnf1Jt" target="_blank" style="color:rgb(37,133,178)">https://bit.ly/3fnf1Jt</a></strong></p><p style="direction:ltr;font-size:14px;line-height:1.4em;color:rgb(68,68,68);font-family:"Helvetica Neue",Helvetica,Arial,sans-serif;margin:0px 0px 1em"><strong>TWITTER <a href="http://bit.ly/TechPolicyRecess" target="_blank" style="color:rgb(37,133,178)">#TechPolicyRecess</a> @NetCaucusAC Jacob Hample @BlockchainAssn @MartaBelcher @Filecoin Tim Massad @Kennedy_School #cryptobrokers #web3</strong></p><p style="direction:ltr;font-size:14px;line-height:1.4em;color:rgb(68,68,68);font-family:"Helvetica Neue",Helvetica,Arial,sans-serif;margin:0px 0px 1em"><strong>SIMULCASTS</strong><br><strong><a href="https://www.twitter.com/ISOC_Live/" target="_blank" style="color:rgb(37,133,178)">https://www.twitter.com/ISOC_Live/</a></strong><br><strong><a href="https://www.twitch.tv/isoclive" target="_blank" style="color:rgb(37,133,178)">https://www.twitch.tv/isoclive</a></strong><br><strong><a href="https://www.facebook.com/liveisoc/" target="_blank" style="color:rgb(37,133,178)">https://www.facebook.com/liveisoc/</a></strong> (AI Captions)</p><p style="direction:ltr;font-size:14px;line-height:1.4em;color:rgb(68,68,68);font-family:"Helvetica Neue",Helvetica,Arial,sans-serif;margin:0px 0px 1em"><strong>ARCHIVE</strong><br><strong><a href="https://archive.org/details/techpolicyrecess" target="_blank" style="color:rgb(37,133,178)">https://archive.org/details/techpolicyrecess</a></strong></p></div></td></tr></tbody></table></td></tr></tbody></table><table border="0" cellspacing="0" cellpadding="20" bgcolor="#efefef" style="width:600px;background-color:rgb(239,239,239);border-top:1px solid rgb(221,221,221)"><tbody><tr><td style="font-family:"Helvetica Neue",Helvetica,Arial,sans-serif;border-top:1px solid rgb(243,243,243);color:rgb(136,136,136);font-size:14px;background-image:initial;background-position:initial;background-size:initial;background-repeat:initial;background-origin:initial;background-clip:initial"><p style="direction:ltr;color:rgb(68,68,68);font-size:12px;line-height:1.4em;margin:0px"><strong><span class="gmail_default" style="font-size:small">Permalink</span></strong><br><a href="https://isoc.live/15037/" target="_blank" style="color:rgb(37,133,178)">https://isoc.live/15037/</a></p></td></tr></tbody></table></td></tr></tbody></table><table border="0" cellspacing="0" cellpadding="0" height="3" style="width:600px;background-image:url("https://s0.wp.com/i/emails/stripes.gif");background-repeat:repeat-x;background-color:rgb(67,164,208);height:3px"><tbody><tr><td></td></tr></tbody></table></div></td></tr></tbody></table><br></td></tr></tbody></table><img alt="" border="0" src="http://pixel.wp.com/b.gif?blog=151329629&post=15037&subd=isoc.live&ref=&email=1&email_o=jetpack&host=jetpack.wordpress.com" width="1" height="1"><img alt="" border="0" src="https://pixel.wp.com/t.gif?email_name=email_subscription&blog_id=151329629&_ui=2239291&email_id=81be6925eeff0e6149042126f2762f7c&date_sent=2022-01-14&locale=en&currency=USD&country_code_signup=US&domain=isoc.live&frequency=0&digest=0&has_html=1&_en=wpcom_email_open&browser_type=php-agent&_aua=wpcom-tracks-client-v0.3&_ul=wwwhatsup1&_ut=wpcom%3Auser_id&blog_tz=-5&blog_lang=0&user_lang=en&_ts=1642183394315" width="1" height="1"></div></div><br clear="all"><div><br></div><div dir="ltr" class="gmail_signature"><div dir="ltr"><div><div dir="ltr"><div>-</div></div></div></div></div></div></div>