Wire · operational-macro
Crypto Tax Regulation Delays Explained: How Postponed Rules Put Billions in Government ...
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Fusion42 · 13 October 2026 · Fusion42 review
The IRS has delayed full crypto cost basis reporting until 2026 while starting gross proceeds reporting in 2025, impacting tax collection on digital assets. This phased approach aims to improve data accuracy and compliance amid estimates that the crypto tax gap risks billions in lost government revenue.
This Wire brief sits within Fusion42's coverage of Fintech.
◆ ◆ The Wire takeaway
Crypto exchanges must finish building systems for cost basis reporting by 2026 or risk compliance failure. You need to prepare for tighter IRS scrutiny and changing tax documentation requirements this year.
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1 source · 13 Oct 2026
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