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Crypto Tax Regulation Delays Explained: How Postponed Rules…

By Damilola Esebame

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Source excerpt · FinanceFeeds

KEY TAKEAWAYS The IRS has delayed full crypto cost basis reporting requirements until 2026, while gross proceeds reporting for all digital asset broker transactions started in early 2025 under existing federal law. In August 2023, Senator Elizabeth Warren and three colleagues cited studies estimating that the crypto tax gap could reach at least $50 billion annually, urging the Treasury Department…