Infrastructure Investment Act

Definition ∞ The Infrastructure Investment Act refers to a specific piece of legislation, typically a government act, that allocates substantial funding towards improving a nation’s physical and digital infrastructure. While primarily focused on traditional infrastructure, such acts can sometimes include provisions that indirectly or directly impact the digital asset sector. These impacts might involve funding for broadband expansion, energy grid modernization relevant to mining, or new reporting requirements for digital asset transactions. It represents a significant government spending initiative.
Context ∞ In the United States, the Infrastructure Investment and Jobs Act (2021) included controversial provisions related to cryptocurrency tax reporting, sparking considerable debate within the digital asset community. Discussions continue regarding the implementation of these tax requirements and their potential effects on various participants in the crypto ecosystem, particularly concerning who qualifies as a “broker” for reporting purposes. Monitoring legislative and regulatory clarifications is crucial for understanding the evolving compliance landscape.