The U.S. Treasury has proposed new regulations that require centralized and decentralized exchanges to report detailed transaction information of their customers to the IRS from 2026. These regulations aim to increase transparency in the crypto space and combat tax evasion, resulting in estimated revenue growth of up to $28 billion over a decade. The rules will also expand reporting to real estate brokers in cases involving digital asset transactions. The public will be able to submit their comments on the proposal by October 30, with hearings taking place on November 7 and 8.

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