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Chainalysis finds $457B in taxable crypto activity
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Chainalysis finds $457B in taxable crypto activity

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  • Chainalysis estimated more than $457 billion in potentially taxable crypto activity during 2025.
  • Only 14% of that activity fell within the practical reach of international reporting rules.
  • The United States recorded the highest total, at an estimated $112.6 billion.

Chainalysis estimated more than $457 billion in potentially taxable crypto activity worldwide during 2025.

Only 14% of that activity fell within the practical reach of the OECD’s reporting framework, CARF.

The other 86% included decentralised exchange trades, private wallets, crypto income and peer-to-peer payments.

Chainalysis studied gains, income and payments across Bitcoin (CRYPTO:BTC), Ethereum (CRYPTO:ETH), Solana (CRYPTO:SOL), Tron (CRYPTO:TRX), BNB Smart Chain and Base.

The United States recorded an estimated $112.6 billion, including $64.6 billion in payments, $30.1 billion in gains and $17.9 billion in income.

CARF data collection began on January 1, 2026, across 48 jurisdictions, with most countries set to exchange data from 2027.

Chainalysis said blockchain analysis could help tax authorities trace wallets, find activity and rebuild missing cost information.

At the time of reporting, Bitcoin price was $78,724.20.

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