The $1 trillion bipartisan infrastructure bill in the U.S. Congress is currently on pause until Sept 27th or later. Meanwhile, House Democrats want to spend $3.5 trillion. After $6 trillion in Covid appropriations in 2020. Here’s why that’s a favorable macro environment for crypto.
The fate of the relationship between the U.S. and cryptocurrency is wrapped up in the $1 trillion bipartisan infrastructure appropriations bill. The resolution of a contentious tax rule inserted as an amendment to the gigantic infrastructure package will determine both the government’s stance toward the industry and the nature of the sector’s tax obligation to the IRS.
But setting that aside, the sheer force of fiscal magnitude exercised by the U.S. Congress in moving to pass this bill, with the unprecedented emergency stimulus appropriations last year, and all on top of record-setting regular annual appropriations will have another, different kind of effect on the future of digital assets. 
It will

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