Crypto-asset reporting obligations require prescribed reporting entities to furnish transaction information and correct inaccuracies promptly. A new provision requires prescribed reporting entities in respect of crypto-assets to furnish transaction information in a prescribed statement to the designated income-tax authority; the authority may intimate defects and treat unrectified defects as inaccurate information, issue notices to non-filers to furnish statements, and the statute requires prompt correction of discovered inaccuracies and empowers rulemaking on registration, information maintenance, and due diligence for identifying crypto-asset users or owners.