Jason B. Binford
Ross, Smith & Binford, PC; Austin, Texas
Jason Binford is a shareholder with Ross, Smith & Binford, PC in Austin, Texas. He is a former assistant attorney general of Texas and managed its Bankruptcy Regulatory Team.
President Joe Biden signed the Infrastructure Investment and Jobs Act on Nov. 15, 2021. Included in the sweeping legislation were federal consumer-reporting requirements for cryptocurrency gains, and requirements for businesses to report transactions where the purchaser pays more than $10,000 worth of cryptocurrency.
On March 9, 2022, President Biden signed the executive order on Ensuring Responsible Development of Digital Assets,1 noting that as of “November 2021, non-state-issued digital assets reached a combined market capitalization of $3 trillion, up from approximately $14 billion in early 2016.”2 The order boasted that the U.S.…
