The Digital Chamber expresses privacy concerns over the IRS cryptocurrency tax proposal

ChainCatcher news, according to Cointelegraph, the Digital Chamber of Commerce has submitted feedback on the IRS's proposed 1099-DA form, which is intended for reporting digital asset transactions.

The Digital Chamber's detailed response aims to simplify the form, making it easier for brokers handling digital assets such as cryptocurrencies to use, and addresses taxpayer privacy concerns, including only requiring taxpayers to report the necessary information needed for digital asset transactions.