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IRS proposes rule letting crypto exchanges like Coinbase and Kraken require customers to receive digital Form 1099-DA tax documents under a new, stricter crypto transaction reporting regime

IRS proposes rule letting crypto exchanges like Coinbase and Kraken require customers to receive digital Form 1099-DA tax documents under a new, stricter crypto transaction reporting regime

The Block ·

A bipartisan group of US House lawmakers urged the IRS to review crypto staking tax rules, arguing rewards should be taxed only when sold to avoid double taxation, reduce reporting burdens, and encourage participation in proof-of-stake networks.

A bipartisan group of US House lawmakers urged the IRS to review crypto staking tax rules, arguing rewards should be taxed only when sold to avoid double taxation, reduce reporting burdens, and encourage participation in proof-of-stake networks.

Cryptonews ·

ECB says the digital euro is technically ready and now awaits political approval. It’s positioned as a complement to cash, aimed at keeping a trusted public currency relevant in a digital-first economy.

ECB says the digital euro is technically ready and now awaits political approval. It’s positioned as a complement to cash, aimed at keeping a trusted public currency relevant in a digital-first economy.

Cryptonews ·

Fetch.ai says its AI agents will overcome online retail barriers faced by today’s tools. The AI developer claims the system, set to launch in January 2026, allows agents to complete payments with credit cards, stablecoins, and FET tokens. Fetch.ai says they’ve been working on the new feature for at least five years as society is moving from a web-based economy to an AI-first economy.

Fetch.ai says its AI agents will overcome online retail barriers faced by today’s tools. The AI developer claims the system, set to launch in January 2026, allows agents to complete payments with credit cards, stablecoins, and FET tokens. Fetch.ai says they’ve been working on the new feature for at least five years as society is moving from a web-based economy to an AI-first economy.

decrypt.co ·

The IRS is urging the White House to adopt CARF, a global standard that would tighten reporting on crypto activity abroad. If approved, U.S. taxpayers will face stricter rules on foreign platform gains by 2028.

The IRS is urging the White House to adopt CARF, a global standard that would tighten reporting on crypto activity abroad. If approved, U.S. taxpayers will face stricter rules on foreign platform gains by 2028.

crypto.news ·

The IRS has shifted from narrow probes to near real-time blockchain surveillance, using John Doe summonses and exchange data to widen its crypto tax dragnet. With a 75% potential non-compliance rate reported, crypto taxes are moving from an “opt-in” system to an “opt-out” regime where users must prove accuracy.

The IRS has shifted from narrow probes to near real-time blockchain surveillance, using John Doe summonses and exchange data to widen its crypto tax dragnet. With a 75% potential non-compliance rate reported, crypto taxes are moving from an “opt-in” system to an “opt-out” regime where users must prove accuracy.

decrypt.co ·

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