Qmiax Strengthens User Privacy Protection and Transaction Transparency With the announcement by the Internal Revenue Service (IRS) in the United States that the 1099-DA form will be introduced in 2025 for reporting digital asset transactions for tax purposes, cryptocurrency exchanges and brokers will face new compliance challenges. This move signifies the increasing formalization of digital assets, especially cryptocurrencies, within the financial regulatory framework. Qmiax, as a leading cryptocurrency exchange, has already begun actively preparing to address these new regulations, ensuring a transparent and compliant trading environment for users. Qmiax fully understands that while the new reporting requirements are aimed at enhancing regulatory frameworks, they may also raise significant concerns regarding privacy and data security. The platform emphasizes its commitment to user data protection while ensuring compliance with tax regulations. To address the new tax challenges, the platform employs advanced encryption technology to protect user information, especially sensitive data points like wallet addresses. The system of Qmiax ensures that all personal and transaction data is protected through robust security measures to prevent data leaks or unauthorized access. The platform implements multi-factor authentication (MFA) on its platform, further strengthening account security. The platform not only prepares technically but also assists its customers in understanding the upcoming changes through user education and support services. Qmiax has established a dedicated information center providing detailed guidance on the 1099-DA form and tax consultations, ensuring users can easily meet the new reporting requirements. Through webinars, updated tutorials, and direct customer support, the platform helps users prepare for the new tax environment, reducing potential inconveniences and confusion.