Does Terri Sewell Support Crypto?

Based on previous comments, Terri Sewell has indicated they are somewhat pro-cryptocurrency. Below you can view the tweets, quotes, and other commentary Terri Sewell has made about Bitcoin, Ethereum, and cryptocurrency innovation.

Quoted from on Apr 11th, 2019

Terri Sewell signed a bipartisan letter to the IRS requesting guidance on how to report virtual currency ahead of tax day.

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Tim Solanki
marked this stance as somewhat pro-crypto
Created on

This request highlights the lack of clarity since the 2014 IRS guidance, which treated digital assets as property but left many reporting questions unanswered. The lack of further guidance since then has been a concern for taxpayers and has been criticized for creating ambiguity in how to calculate and report virtual currency transactions.