an exchange survey report: 74% of users are tax-aware, but over 60% of crypto users are unfamiliar with the 2025 new regulations

Foresight News reports that, according to the joint publication by a certain exchange and the crypto tax reporting platform CoinTracker titled “2026 Cryptocurrency Tax Preparation Report,” crypto users are now deeply engaged in mainstream financial markets, with 76% of users also holding traditional stocks. Although 74% of respondents possess clear tax awareness and 65% have previously declared crypto-related taxes, 61% of users are still unaware of new regulations, such as Form 1099-DA, which will be implemented for the 2025 tax year.

As users on average operate 2.5 platforms or wallets, calculating the cost basis of assets across platforms has emerged as a compliance challenge; currently, only 35% of respondents have ever adjusted their cost basis. Moreover, 47% of users expressed willingness to use AI for tax calculation, and 30% are even inclined to let AI handle the entire tax filing process, though only 8% of respondents currently utilize crypto-dedicated tax software.