The US Treasury and IRS have introduced proposed rules for brokers handling digital assets to report sales and exchanges, aligning tax reporting with traditional financial instruments. Crypto exchanges like Coinbase would need to provide more detailed transaction information, preventing inaccurate tax calculations. These changes stem from the 2021 Infrastructure Investment and Jobs Act, which aims to curb tax evasion related to digital assets. The public can give feedback until October 30, with hearings in November. A recent report by Divly highlighted low global crypto tax compliance (0.53%), with the US ranking tenth out of 24 countries, but showing improvement since 2018.