Crypto World News reports that the U.S. Internal Revenue Service (IRS) is increasing its oversight of cryptocurrency tax compliance, with enforcement actions continuing to intensify as the April 15 filing deadline approaches. Reports indicate that approximately 61% of American crypto investors are still unaware of the new reporting rules for the 2025 tax year, and about 52% are worried about facing penalties due to filing errors. The new regulation requires brokers to report digital asset transaction income to the IRS for the first time using Form 1099-DA, but investors are still responsible for calculating their cost basis. Industry insiders say that the current regulatory environment has become more stringent, and investors need to keep complete records of transactions and wallet data and report accurately to avoid potential legal risks.