Do I need to report crypto income under $600?

Good day, I'm curious about the tax implications of cryptocurrency transactions. Specifically, I'm wondering if I'm required to report my cryptocurrency income if it falls below $600 for the year. I understand that taxes can be quite complex when it comes to digital assets, so I'm hoping to get some clarity on this matter. Could you please elaborate on the rules and regulations surrounding the reporting of cryptocurrency income under $600? Thank you in advance for your assistance.