$BTC gets a tax-season wake-up call as IRS locks in cost-basis reporting
This is a quiet but meaningful shift for the market. With Form 1099-DA now mandatory for brokers and custodians, the flow of digital assets is moving into a cleaner, more auditable regime that can compress hidden gains and force better record-keeping across the board. For institutions, that usually means less friction on compliance and a market that may breathe a little slower, with leverage and sloppy accounting getting less room to hide.
Not financial advice. Manage your risk and protect your capital.
#Crypto #Bitcoin #IRS #DigitalAssets #MarketNews
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