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The cryptocurrency community launched an all-out but ill-fated lobbying blitz to water down new proposed tax reporting rules that could be passed into law as early as next week. Now, the industry is changing tacks and readying for a constitutional fight in the courts that could help redefine Fourth Amendment protections against unreasonable government inquiries into Americans’ financial lives.
Proposed as part of a bipartisan infrastructure bill, the rules would require any person who regularly provides a service that executes…
