A recent survey by Awaken Tax indicates that over half of U.S. digital asset investors fear potential penalties from the IRS due to new tax reporting rules. The survey, conducted in late January, involved 1,000 participants and highlighted concerns about the IRS's new requirement for crypto exchanges to submit Form 1099-DA. This form, "Proceeds from Broker Transactions in Digital Assets," marks a shift from self-reporting to automated reporting, allowing the IRS to cross-reference broker-reported data with taxpayer filings to combat tax evasion.