France's 2025 taxable crypto activities to reach $9.4B, over 90% unreported

iconKuCoinFlash
Share
AI summary iconSummary
France’s cryptocurrency news in 2025 indicates that potential taxable activities could 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, only €368 million in net gains were reported by 24,000 individuals, up from 7,700 in the previous year. Chainalysis estimates non-compliance rates may exceed 90%. The EU’s DAC8 rules will take effect in 2026, requiring crypto service providers to collect user data. Tax authorities will begin cross-border data exchanges by 2027.

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)

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.