Crypto exchange Kraken filed nearly 56 million cryptocurrency transaction reports with the U.S. Internal Revenue Service for the 2025 tax year, it said, with many tied to very small transactions. It said 18.5 million reports were for transactions under $1 and more than half were $10 or less. Kraken said the current system forces taxpayers to reconcile incomplete data and can raise compliance costs, and it called for changes to de minimis exemptions and staking taxation.

OpenAI has released a policy proposal calling for the United States to redesign its tax, welfare and energy systems as artificial intelligence spreads, an analysis said. The document outlines shifting taxation toward capital gains, reviewing taxes on automated labour, creating a public debt fund, expanding automatic safety nets and boosting energy infrastructure for AI. While it does not mention cryptocurrencies, the proposals could affect digital-asset taxes, DeFi and crypto mining through reporting rules, potential new levies and competition for grid access.