Is this actually going to help with that though? It sounds like this is just going to force exchanges and businesses to report transfers that are >= $10k to the

Is this actually going to help with that though? It sounds like this is just going to force exchanges and businesses to report transfers that are >= $10k to the federal government. In some ways this might make it worse since the federal government will have incomplete information and might audit you because they think you owe taxes when you really don't. That said, I'd also really like to have clearer guidance around different crypto tax situations. Buying, selling, and transferring are all pretty darn clear to me. Wrapping tokens, staking tokens, merging multiple tokens into one, etc are all extremely unclear and result in inefficient technical solutions right now. It's horribly frustrating. To give a simple example, I'd love to stake my ETH via a decentralized staking pool. To do so I have to convert my ETH into another token that is convertible back into ETH when I go to withdraw. In theory that might be a taxable event. In my mind it really shouldn't be since it's still ETH, just deposited somewhere.