U.S. Senate Mulls Reporting Requirements for Cryptocurrencies
American Bitcoin holders may soon have to report their holding to the United States government. First introduced on May 25, 2015, by Sen. Chuck Grassley [R-IA], Senate Bill S.1241, the “Combating Money Laundering, Terrorist Financing, and Counterfeiting Act of 2017,” can have serious implications for those involved in the cryptocurrency space. The hearing for S.1241 […]