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.
Treasury and IRS release 2025-2026 Priority Guidance Plan
October 7, 2025
On September 30th, the Department of the Treasury and the Internal Revenue Service (IRS) released their Priority Guidance Plan for 2025-2026. The plan identifies 105 guidance projects considered most significant for taxpayers and tax administration during the 12-month period from July 1, 2025, through June 30, 2026 (plan year), though it does not specify completion deadlines.
Read here for more information on this development.
Dive into our thinking
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
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Insight
June 10, 2025 | Digital Assets Reporting Update: Spring/Summer 2025
This TaxWatch webcast outlines the latest digital asset tax regulations and Executive Orders, industry's current focus and implementation progress, and provides insights into global compliance standards and trends.
Insight
Digital Assets: An Evolving Frontier
Stay ahead of compliance complexity in crypto
Insight
October 23, 2024 | Where to Start with Your Form 1099 Product Analysis for Digital Assets
This TaxWatch webcast outlines essential aspects of digital asset product analysis including objectives, components, and outcomes of a product analysis, as well as mapping the essential annual reporting data elements back to the analysis.
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