Last year, the crypto market was relatively low-key, and many people didn't pay much attention to tax issues. But this year, as industry standardization progresses, exchanges and project teams have significantly increased their reminders to users about tax reporting. Many traders have realized that their previous account activity records have been documented, and making back payments has become a necessary option.

Ultimately, this is not a new policy that suddenly emerged, but rather a rule that has always existed but was not strictly enforced. As the market matures and regulations become more detailed, law enforcement will follow suit. For crypto investors, developing the habit of proper bookkeeping and reporting from now on is actually a necessary cost for long-term participation in this market.