ChainCatcher reported that according to Cointelegraph, the Chamber of Digital Commerce has submitted feedback on the proposed 1099-DA form of the U.S. Internal Revenue Service (IRS), which is intended to be used to report digital asset transactions.
The Chamber of Digital Commerce's detailed response aims to simplify the form, make it easier for brokers who deal in digital assets such as cryptocurrencies to use, and address taxpayers' privacy issues, including requiring taxpayers to report only the necessary information required for digital asset transactions.
