Senate Banking To Vote Thursday On Landmark Digital Assets Bill - CU Today
Senate Banking to vote on a landmark Digital Assets Bill affecting crypto tax reporting and compliance requirements.
Aforeworn detected this change in the Crypto & DeFi Tax Reporting space on September 7, 2026 and published this briefing so affected operators are forewarned rather than caught off guard. It is rated High urgency. Crypto exchanges, brokers, accounting firms, DeFi protocols, and high-volume traders. should confirm how it applies to their specific situation before acting. There is a time constraint attached: To be determined based on the bill's passage and implementation timeline.. Acting after that point can mean penalties, a lapsed licence, or lost eligibility — exactly the kind of surprise Aforeworn exists to prevent. Aforeworn monitors Crypto & DeFi Tax Reporting continuously and turns every detected change into a plain-English briefing like this one, so you always know first. Forewarned is forearmed.
What changed
Potential new regulations on digital asset reporting, including 1099-DA forms and broker reporting requirements.
Who it affects
Crypto exchanges, brokers, accounting firms, DeFi protocols, and high-volume traders.
What you must do
Prepare for possible changes in tax reporting obligations and compliance measures based on the outcome of the vote.
Deadline
To be determined based on the bill's passage and implementation timeline.
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