President Trump’s team has already passed one piece of crypto tax legislation. In 2021, the Bipartisan Infrastructure framework, later known as the Infrastructure Investment and Jobs Act included controversial tax provisions that would have imposed certain reporting requirements on brokers who facilitate crypto transactions. Many in the industry felt that the definition of “broker” was too broad. This meant that miners and other entities that do not directly facilitate transactions or collect personal information from those who conduct them could be considered brokers.