Bloomberg reports that US senators Ron Wyden and Cynthia Lummis want to make the tax rules introduced in the infrastructure bill more flexible for crypto brokers.
US President Joe Biden is expected to finally approve the $1 trillion bill, after months of debate.
The legislation has been harshly criticized by the crypto community for its tax reporting provisions affecting crypto miners, wallet developers, and other participants.
According to the legislation, businesses will have to report crypto transactions exceeding $10,000.
While crypto-focused groups came very close to amending the bill, this was not possible due to some glitches.
The bipartisan bill proposed by Wyden and Lummis aims to exclude blockchain developers:
Treasury Secretary Janet Yellen is among those who support changing the crypto provision in the infrastructure bill.
The law is expected to enter into force in 2024.