As regulatory clarity around digital assets continues to evolve, recent guidance from the IRS and U.S. Treasury is reshaping how crypto products are structured, taxed, and reported. To help industry participants understand what’s changing — and what to do next — the Wall Street Blockchain Alliance (WSBA) recently hosted a timely webinar examining two of the most consequential developments in crypto taxation today:
- New safe-harbor guidance enabling staking within regulated crypto ETFs and ETPs
- The rollout of Form 1099-DA and expanded broker reporting under Internal Revenue Code §6045
The session is now available to watch on demand.
👉 Watch the full webinar here:
https://www.youtube.com/watch?v=puvRnPr-uc4
Why This Moment Matters
For years, uncertainty around staking and tax reporting has limited how institutional crypto products could be designed and offered. That landscape is now changing.
Recent IRS and Treasury guidance allows regulated funds — including crypto ETFs and ETPs — to stake proof-of-stake assets such as Ethereum and Solana without jeopardizing their tax status. This opens the door to new yield-generating strategies for asset managers, while preserving compliance with existing fund regulations.
At the same time, the implementation of Form 1099-DA introduces a sweeping new digital-asset reporting regime. Brokers, custodians, and issuers now face expanded obligations to track, normalize, and report crypto transaction data in standardized formats — a significant operational and technical challenge.
What the Webinar Covered
During this in-depth discussion, panelists explored how these developments intersect — and what they mean for different stakeholders across the digital-asset ecosystem.
Key topics included:
Staking Within Regulated Funds
- How the new IRS safe harbor for staking works
- Eligibility requirements for staking inside ETFs and ETPs
- Structuring staking programs to generate yield while maintaining compliance
Tax Treatment of Staking Rewards
- Tax implications of staking rewards from broker, custodian, and investor perspectives
- How fund mechanics and staking flows affect reporting outcomes
Form 1099-DA and Expanded Broker Reporting
- What the new digital-asset broker reporting regime requires
- Key deadlines and implementation challenges under §6045
- Why raw blockchain data is not inherently reporting-ready
Practical Operational Strategies
- How asset managers, custodians, and fintech firms can adapt controls, disclosures, and infrastructure
- Preparing systems and data pipelines for dual staking and reporting requirements
Expert Panelists
The discussion featured insights from leading practitioners at the intersection of tax policy, compliance, and digital assets:
- Jessalyn Dean, Senior Policy Advisor, U.S. Tax Reporting – Ledgible
- Nik Fahrer, Director, Tax – Forvis Mazars
- Sulolit Raj Mukherjee, Founder & CEO – Bodin Advisory LLC
Together, the panel brought regulatory, advisory, and operational perspectives to one of the most complex transitions facing the crypto industry today.
Who Should Watch
This webinar is especially relevant for:
- Asset managers and issuers evaluating staking-enabled crypto products
- Brokers and custodians preparing for Form 1099-DA compliance
- Fintech and infrastructure providers supporting digital-asset reporting
- Investors and compliance leaders seeking clarity on where regulation is headed
Whether you’re designing new products or modernizing reporting operations, the session offers practical, actionable guidance for navigating the current regulatory moment.
Watch On Demand
🎥 Watch the full WSBA webinar on YouTube:
https://www.youtube.com/watch?v=puvRnPr-uc4
