On the recordAugust 9, 2021
first of all, I appreciate the clarification by my colleague from Virginia, and, Senator Warner, you are correct in your understanding. I would also ask Senator Warner to clarify the intent of the proposal with respect to the application of the bill to persons solely engaged in the business of validating distributed ledger transactions through proof of work, often called miners. Am I correct that under our provisions it is our understanding that Treasury and the IRS will not treat these miners as brokers?
Source
govinfo.gov




