New Form 1099-DA Requirements, Full Cost-Basis Reporting, and Enhanced Compliance Reshape U.S. Crypto Taxation. The U.S. Treasury and the Internal Revenue Service (IRS) have enacted significant reforms that will fundamentally change how cryptocurrency activity is reported and taxed in the United States. Beginning in 2026, these new rules will place expanded reporting obligations on exchanges and custodial platforms and introduce full cost-basis reporting for certain digital assets, including Bitcoin (BTC), Ethereum (ETH), and XRP. These regulatory changes are designed to increase transparency in the cryptocurrency market, reduce errors in taxRead More