WASHINGTON, D.C. – U.S. Sen. Ted Cruz (R-Texas) has reintroduced an amendment to repeal a provision from the 2021 infrastructure package that created new reporting requirements for many cryptocurrency and blockchain companies. The amendment would remove harmful regulations on the cryptocurrency industry that stifle innovation, endanger the privacy of Americans, and would push key aspects of the industry overseas. Sen. Cruz previously introduced this bill in 2021. Upon reintroduction, Sen. Cruz said: “Texas is a hub for jobs and innovation, […]
