Odaily Planet Daily News Consensys commented on the draft 1099-DA form of the US Internal Revenue Service (IRS), arguing that the information required by the proposed regulations and the draft form is too extensive and imposes high compliance costs on blockchain software providers. Consensys emphasized that these regulations do not fully consider the burden on potential brokers, especially those entities that traditionally have no reporting obligations. Consensys called for the postponement of the effective date of any reporting requirements related to software developers and the introduction of multi-broker rules to reduce the burden and costs of tens of millions of taxpayers.