Odaily Planet Daily reports that blockchain analysis firm Chainalysis estimates France’s potential taxable cryptocurrency activity in 2025 will reach $9.4 billion, comprising $5.2 billion in payments, $2.5 billion in capital gains, and $1.7 billion in mining and staking income.
In 2024, French taxpayers reported only €368 million in net gains, involving approximately 24,000 individuals, up from about 7,700 people and €150.8 million in the previous year. Chainalysis noted that cryptocurrency tax non-compliance rates in some countries may exceed 90%.
The European Union’s Eighth Directive on Administrative Cooperation (DAC8) took effect on January 1, 2026, requiring crypto service providers to collect user identity and transaction data. Member states’ tax authorities will begin cross-border exchange of these records on September 30, 2027; CARF currently covers approximately 14% of global potential taxable on-chain activities. (Bitcoin.com News)


