IRS changes wallet-by-wallet cost basis rules for bitcoin and other cryptocurrencies

In 2025, the United States began actively regulating the cryptocurrency market. Overall, traders have welcomed government measures, though some of the initiatives have complicated the process of owning bitcoin and similar assets. Starting January 1st next year, new rules from the US Internal Revenue Service (IRS) on wallet-by-wallet cryptocurrency cost basis calculations will take effect. According to BitcoinInfoNews.com, the IRS requirements will impact US investors' trading strategies and tax reporting.

The website's experts note that previous measures lacked the necessary accuracy and transparency in calculations. With these latest changes, private and institutional investors in the US will probably rethink how they deal with cryptocurrency transactions. The IRS decision could also affect trading dynamics for BTC, ETH, ADA, XRP, SOL, and other tokens, BitcoinInfoNews.com highlights.

Based on traders' reactions to past industry changes, the website's experts predict some cryptocurrency volatility. However, as BitcoinInfoNews.com adds, prices should stabilize as markets adapt to the new rules.