Currencies

EXPLAINER: How cryptocurrency fits into infrastructure bill

A lot right now in the U.S. Congress. One way lawmakers propose to pay for the $1 trillion infrastructure bill the Senate approved Tuesday is by imposing tax-reporting requirements for cryptocurrency brokers, the way stockbrokers report their customers’ sales to the IRS. It could open the way for tighter regulation of cryptocurrency — something the Biden administration is moving toward as it also pushes for tax compliance.

Elon Musk owns these 3 cryptocurrencies

Tesla CEO Elon Musk on Tuesday said the "three meaningful assets" he personally owns besides his two companies are Bitcoin, Dogecoin and Ethereum.