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Crypto Taxes Miss 86% of Global Activity | Bitcoin and Crypto News
Description
Crypto taxes just got a massive spotlight: global onchain taxable activity hit $457 billion last year, with the U.S. alone accounting for over $112 billion. But here’s the catch — new OECD reporting rules only cover 14% of that, leaving 86% of decentralized transactions like P2P swaps, staking, and lending untouched. As tax authorities scramble to keep up with the lightning-fast evolution of crypto, the gap between regulation and reality is widening — and it’s only going to get more interesting as adoption surges.
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