Chainalysis Says CARF Captures Just 14% of $457B in Taxable…

The OECD's new crypto tax reporting regime may capture only a small slice of the activity tax authorities ultimately need to assess. Chainalysis estimates that potentially taxable onchain crypto activity reached at least $457 billion in 2025 , but only about 14% of that activity falls within events expected to be visible through the Crypto-Asset Reporting Framework , or CARF . The remaining 86%…