Digital Assets: From Crypto to Compliance
Digital assets based on blockchain technology have evolved at a remarkable rate, often outpacing regulations. But the rules are finally starting to catch up.
Here’s what you need to stay ahead.
At KPMG, we are dedicated to staying ahead of technological innovations, regulatory changes, and your business challenges. That includes the rapidly evolving frontier of blockchain-based digital assets and the rules that govern them—now and in the near future.
To help you understand coming changes, maintain compliance, and take advantage of the opportunities in this dynamic field, we have created this page as a repository of insights on digital asset regulations.
Digital Assets: An Evolving Frontier
Read our foundational article on staying ahead of compliance complexity in crypto.
IRS Issues Updated Draft Version of Form W-9
May 14, 2026
On May 4, the Internal Revenue Service (IRS) published an updated draft version of Form W-9, Request for Taxpayer Identification Number and Certification, with a revision date of June 2026. This follows the earlier draft released on September 17, 2025 (revision date January 2026), which introduced updates implementing the final regulations on broker reporting of digital asset sales along with clarifications addressing taxpayer identification number (TIN) requirements for sole proprietors and disregarded entities.
Read full article to learn more about this guidance.
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IRS Issues Notice 2026-20 Providing Transitional Guidance on the Specific Identification Rule for Broker Held Digital Assets
IRS Proposed Regulations to Facilitate Electronic Furnishing of Form 1099‑DA
IRS Issues Updated Draft Instructions for the Requester of Form W-9
IRS Issues Final 2026 Version of Form 1099-DA
IRS Released Updated Draft of 2026 Instructions for Form 1099-DA
IRS Published FAQs about Broker Reporting
Treasury and IRS release 2025-2026 Priority Guidance Plan
IRS Issued Draft Version of Form W-9
IRS Issued Forms 1099-DA and 1099-B Drafts
White House Working Group Report Addressing Information Reporting and Backup Withhold on Digital Assets Sales
IRS Provides Transitional Relief for Digital Assets Sales
President Trump Signs Resolution Overturning Digital Asset Reporting Regulations
Final Treasury Regulations Expand Tax Reporting on DeFi Digital Asset Transactions
Crypto-Asset Reporting Framework and Amended Common Reporting Standard Updates
Closed Loop Transactions vs Limited Access Regulated Networks
Draft Instructions for Form 1099-DA, Digital Asset Proceeds from Broker Transactions
Treatment of Nonfungible Tokens under Final Regs
Stablecoins Under the Final Regulations
Information Reporting for U.S. Digital Asset Brokers
Cost Basis Reporting for U.S. Digital Asset Brokers
Documentation Rules Under the Final Regulations
Backup Withholding for U.S. Digital Asset Brokers
Planning Implementation of Broker Digital Asset Reporting Regulations
Final Treasury Regulations: Expand Tax Information Reporting
Information Reporting & Withholding Tax Services
Services to help comply with U.S. and foreign withholding and information reporting regimes
