Crypto tax rules may miss 86% of $457B in onchain activity, Chainalysis says
Chainalysis has estimated that potentially taxable onchain crypto activity exceeded $457 billion worldwide in 2025, while transactions within the practical reach of international reporting rules represented only 14% of the total. Summary Potentially taxable onchain crypto activity exceeded $457 billion globally during 2025. CARF-covered transactions represented only 14% of the activity identified by Chainalysis. The…
