Senators Reach Bipartisan Crypto Deal Amid Vote Uncertainty (2)

A bipartisan group of senators struck a compromise on a cryptocurrency reporting requirement in the $550 billion infrastructure bill with backing from the Biden administration, but it’s not yet clear it will get a vote.

The Senate hasn’t been able to agree on amending the legislation, which would require consent of all 100 senators. If they don’t do so on Monday the bill would retain the original language dealing with cryptocurrency that has been strongly opposed by the industry and investors.

Democratic Senators Mark Warner and Kyrsten Sinema teamed up with Republican Senators Cynthia Lummis, Pat Toomey and Rob ...