News · Crypto · Cointelegraph · Fri, Sep 25, 2026 2:00 PM
Exchanges reporting crypto gains to IRS becomes tax nightmare
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The IRS can now see your crypto gains, but has no idea about the cost-basis.
OpenBook market desk: The IRS can now see your crypto gains, but has no idea about the cost-basis. That’s proving to be a big headache for some cryptocurrency investors.
Why this matters for multi-asset traders
The headline theme is "Exchanges reporting crypto gains to IRS becomes tax nightmare". We reframe the story for readers tracking equities, FX majors and crypto liquidity - without copying the original wording.
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