[Survey: Over Half of U.S. Crypto Investors Concerned About Penalties from New IRS Tax Rules] According to CoinDesk, a survey conducted by crypto tax platform Awaken Tax reveals that over 50% of U.S. crypto investors are worried about facing IRS penalties this year. The new regulations require brokers like Coinbase to report all digital asset transactions to the IRS via the 1099-DA form by 2025, aiming to combat tax evasion. For the first time, the IRS will gain access to internal exchange data and compare it with taxpayers' filings. Founder Andrew Duca pointed out that the new rules equate crypto assets with stocks, but the actual operations are far more complex: users often transfer assets between multiple wallets, interact with DeFi platforms, and brokers can only report sales proceeds without providing the cost basis (purchase price), resulting in incomplete forms. Taxpayers will need to supplement cost information themselves using Form 8949. Currently, crypto tax compliance rates are below 20%.