The U.S. Internal Revenue Service (IRS) has proposed allowing crypto exchanges to require users to accept electronic delivery of Form 1099-DA, the tax form used to report digital asset transactions. Under the proposal, exchanges could integrate consent into account onboarding and potentially terminate accounts that refuse electronic delivery. The rule remains in the public comment stage, with the consultation period open until May 5, 2026.https://t.co/eUfGnQRagI ...

Latest: US crypto holders face confusing new IRS rules as exchanges must now auto-report your 2025 transactions via Form 1099-DA, but can't report your cost basis.@IanAllison123 reports.https://t.co/Kgc3C7zbST ...