The IRS proposes allowing cryptocurrency exchanges to mandate users to accept electronic delivery of Form 1099-DA Digital Asset Tax Form (such as via app or email), and to require users to agree to the relevant terms during the account opening process. Under the proposal, if users refuse electronic delivery of the form, the exchange may terminate the account relationship. The rule is still in the public comment stage, with comments due by May 5, 2026. The 1099-DA form is used to report digital asset transaction income to the IRS. (CryptoSlate)

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