(Bloomberg) -- As the second-quarter draws to a close, crypto investors are left wondering what’s next for Bitcoin after it retreated from the all-time highs registered during the height of the mania over exchange-traded funds. Most Read from BloombergJustice Department to Charge Boeing, Seeks Guilty Plea from PlanemakerLe Pen’s Far Right Wins First Round, Chases French MajorityTrump as President or Private Citizen: Why Supreme Court’s Immunity Ruling Is a TestBiden Asks Donors to Stay Following
Crypto platforms will need to report transactions to the Internal Revenue Service, starting in 2026. Gains from selling crypto and other digital assets are taxable even without these new regulations; however, there was no real standardization around how those gains were reported to individual investors and to the government. Beginning in 2026 (covering transactions in 2025), crypto platforms must provide a standard 1099 form, similar to the ones sent by banks and traditional brokerages.
Which of these doge-based coins is a better buy right now?