The release of a draft IRS form has caused concern in the crypto industry, as it suggests that American DeFi users may have to report their self-custodial wallet addresses to the government. The form, Form 1099-DA, will become mandatory in 2025 for crypto transactions sourced from a broker. The inclusion of a box for "Unhosted Wallet Provider" on the form indicates that the IRS may classify DeFi protocols as brokerage firms, potentially compromising user privacy.