Chainalysis estimates that potential taxable crypto activities in France could reach $9.4 billion by 2025

Chainalysis estimates that France's potential taxable cryptocurrency activities in 2025 will reach $9.4 billion, including $5.2 billion in payments, $2.5 billion in capital gains, and $1.7 billion in mining and staking income. French taxpayers declared a net income of 368 million euros in 2024, involving 24000 people. The non-compliance rate of cryptocurrency taxation in some countries exceeds 90%. The EU DAC8 directive has come into effect, requiring encryption service providers to collect user identity and transaction data. Member state tax authorities will begin cross-border exchange of records from September 30, 2027. (Source: Bitcoin.com News)