$457 Billion in Crypto: Chainalysis Exposes a Massive Blind Spot in Global Tax Enforcement
International tax rules still see only a small part of on-chain crypto activity. Chainalysis estimates potentially taxable flows observed in 2025 across six major blockchains at at least $457 billion. The OECD's CARF would directly cover only 14% of this. The remaining 86% notably go through DeFi, peer-to-peer transfers, staking, or payments.
August 27, 2026 178 1
