**Cryptocurrency News**

- The U.S. Internal Revenue Service (IRS) has introduced temporary measures to ease the tax obligations of cryptocurrency holders using centralized brokers, starting in 2025.

- New rules require brokers to report on cryptocurrency transactions and to apply certain accounting methods, such as FIFO.

- The IRS issued Notice 2025-7, allowing for a temporary avoidance of the FIFO method by using personal records or software for cryptocurrency accounting.

- From 2026, users must choose an accounting method to avoid automatic application of FIFO.