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Kevin Brady

Kevin Brady (R)

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Notable statements

Rep. Kevin Brady has 1 statement(s) about crypto.

"Proud to support the bipartisan Keep Innovation in America Act. Digital assets are here to stay, and this bill ensures that cryptocurrency reporting requirements are meaningful and effective."

@RepKevinBrady November 18, 2021 on Twitter

Crypto bill sponsorship

Rep. Kevin Brady has put out 1 crypto bill.

Keep Innovation in America Act

H.R. 6006

117th Congress

Co-sponsored
Bill pending

This bill expands the definition of broker, for purposes of tax information reporting, to include any person who (for consideration) stands ready in the ordinary course of a trade or business to effect sales of digital assets at the direction of their customers. It also provides for reporting requirements for digital assets (i.e., any digital representation of value that is recorded on a cryptographically secured distributed ledger).

The bill requires a study and a report on the treatment of digital assets as cash for purposes of reporting requirements for cash payments of more than $10,000.

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