The IRS has released proposed regulations for the sale and exchange of digital assets by brokers. The rules would require brokers to use a new form to simplify tax filing and cut down on tax cheating. The regulations aim to bring digital asset reporting in line with reporting on other types of assets and are part of the Biden administration's implementation of the Infrastructure Investment and Jobs Act. The proposed rules would go into effect in 2026 and comments on the proposal are being accepted until Oct. 30.