Home » The cryptocurrency community criticizes the new amendments to Biden’s large-scale infrastructure bill as “disastrous”-the United States

The cryptocurrency community criticizes the new amendments to Biden’s large-scale infrastructure bill as “disastrous”-the United States

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Biden’s major bipartisan infrastructure plan has achieved rare cooperation between Republicans and Democrats, but its proposed changes to cryptocurrency regulation are dragging down the bill.The government intends to pay its planned $28 billion in infrastructure spending by tightening tax compliance in the historically under-regulated digital currency sector. This is why the issue of cryptocurrency will appear in a bill mainly about rebuilding bridges and roads.

Strong critics of the legislation believe that the bill’s efforts are sloppy, especially the declaration that anyone “responsible for and regularly providing any service for the transfer of digital assets” is a broker and needs to comply with tax reporting requirements.

Although this definition may be more straightforward in the traditional financial field, it may force cryptocurrency developers, companies, and even anyone who mines digital currencies to collect and report user information in some way, which is even impossible to decentralize by design. In the financial system.

Now, a new amendment to the key expenditure plan may make things worse.

In a joint letter regarding the text of the bill, Square, Coinbase, Ribbit Capital and other stakeholders warned of “financial surveillance” and the unexpected impact on cryptocurrency miners and developers. Two privacy-conscious digital rights organizations, the Electronic Frontier Foundation and Fight for the Future, also criticized the bill.

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在加密货币社区的抗议声中,一对有影响力的参议员提出了一项修正案,以澄清新的报告规则。财政委员会主席Ron Wyden(D-OR)对该法案进行了反击,与财政委员会成员Pat Toomey(R-PA)提出了一项修正案,将修改法案的文本。

该修正案将确定新的报告”不适用于开发区块链技术和钱包的个人”,消除法案在这个问题上的一些模糊之处。

“通过澄清经纪人的定义,我们的修正案将确保非金融中介,如矿工、网络验证者和其他服务提供商–其中许多人甚至没有向国税局提交1099所需的个人识别信息–不受两党基础设施方案中规定的报告要求的限制,”Toomey说。

怀俄明州参议员辛西娅-卢米斯(Cynthia Lummis)也支持图米和威登的修正案,科罗拉多州州长贾里德-波利斯也支持。

戏剧性的一幕并没有就此停止。随着围绕该法案的谈判正在进行,文本可能在周末敲定,两位参议员提出的Warner-Portman修正案在加密货币社区没有赢得任何正面反响。

该修正案来自参议员罗布-波特曼(R-OH)和马克-华纳(D-VA),将免除参与能源密集型”工作证明”系统的传统加密货币矿工的新财务报告要求,而对使用”股权证明”系统的矿工则保持这些规则。波特曼与财政部合作,编写了原始基础设施法案中的加密货币部分。

权益证明系统不需要对能够解决日益复杂的数学问题的计算硬件(和能源账单)进行投资,而是依靠参与者在特定项目中获得经济利益,锁定一些加密货币以产生新币。

权益证明正在成为一种有吸引力的、对气候更友好的替代方案,可以减少工作证明采矿所需的重型计算和大量能源。这使得最新的修正案特别让工作证明挖矿不受影响,更加令人费解。

一些流行的数字货币如Cardano已经建立在股权证明的基础上。第二大加密货币以太坊,正在从工作证明系统迁移到股权证明系统,以帮助扩大其系统规模并减少费用。比特币是最值得注意的依赖工作证明的数字货币。

华纳-波特曼修正案被吹捧为”折中方案”,但它并不是真正介于怀登-图米修正案和现有法案之间–它只是引入了新的问题,许多加密货币倡导者认为这是对他们工作的新的生存威胁。

包括Square创始人和比特币支持者Jack Dorsey在内的加密货币社区的知名人士支持Wyden-Lummis-Toomey修正案,同时抨击第二个提案是误导和破坏性的。

加密货币智囊团Coincenter的执行董事称Warner-Portman修正案是”灾难性的”。Coinbase首席执行官布莱恩-阿姆斯特朗(Brian Armstrong)回应了这一措辞。他在Twitter上说。”……我们可能会发现自己与参议院一起决定哪些类型的加密货币将在政府监管下生存。”

对于加密货币社区–以及股权证明模式的承诺来说,不幸的是,白宫显然正在支持华纳-波特曼修正案,尽管这可能会随着最后一刻谈判的继续而改变。

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