[tfehring]

I guess I don’t understand what the amendment actually does. If you’re a crypto miner, you already have to report your own income from that activity to the government; failure to do so is already a crime, namely tax evasion. And if you’re not a custodian, by definition your own activity is the only activity that you have data on, right? What new reporting does this actually mandate?

[flyingfences]

This mandates miners (and developers, and others who are not custodians) reporting data on others that they do not and cannot have.

[tfehring]

Right, that's what the article says, but what specific data would they be required to report and in what context?