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Abe Sutherland
Adjunct professor at the University of Virginia School of Law and advisor to the Proof of Stake Alliance. Expert in crypto tax law and regulation.
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Oct 26, 2021
• 51min
Not Reporting Info on Some Transaction Partners Could Soon Be a Felony - Ep.284
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In this insightful discussion, Abe Sutherland, an adjunct professor at the University of Virginia School of Law and a crypto tax law expert, dives into the alarming implications of the $1 trillion infrastructure bill's provision 6050I. He reveals how this regulation could criminalize basic transactions in digital assets and argues that its outdated reporting threshold stifles innovation. Abe emphasizes the tension between financial privacy and government oversight, urging the crypto community to mobilize against stringent regulations that prioritize surveillance over fair taxation.
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