I’m not big on conspiracy theories. The notion that the moon landing was faked or 9/11 was an inside job or that the 2020 election was rigged—all total nonsense. But as for what happened in Washington, D.C., this week, it’s hard not to see a conspiracy of some sort.
If you missed it, the U.S. Senate was poised to amend a key bill so that crypto entities like miners and validators would not be defined as „brokers.” The broker definition would force those entities to report their customers’ tax obligations to the IRS in the form of 1099 forms—a process the digital activist group EFF says would create a new „surveillance requirement” for crypto.
The proposed amendment was seen by many as a common sense solution since complying with the tax obligations would create an onerous or even impossible task for many crypto businesses. And then came the 11th hour switcheroo.
Out of nowhere on Thursday night, two Senators provided a competing amendment that would maintain the exemption—but on

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Źródło: https://decrypt.co/77958/the-plot-against-crypto