IRS Proposes New Rules for Electronic Delivery of Digital Asset Payee Statements

The US Department of the Treasury and Internal Revenue Service (IRS) released proposed regulations establishing a comprehensive framework for the electronic delivery of Form 1099-DA (Digital Asset Proceeds) on March 6, 2026. The proposal reflects the government’s continued effort to modernize reporting obligations for digital asset brokers while setting detailed requirements for taxpayer consent, disclosures, and delivery mechanics.... By: Morgan Lewis