S. J. RES. 3 is a resolution in the 119th Congress that expresses Congress's disapproval of a specific rule made by the Internal Revenue Service (IRS). The rule in question involves the reporting of gross proceeds by brokers who frequently handle digital asset sales. This...
Simple Explanation
Congress is thinking about canceling a rule that tells certain people who sell digital things, like Bitcoin, how to tell the government about the money they make. If they cancel it, the rule won't be followed anymore.