Chainalysis Reports OECD Crypto Tax Framework Covers Only 14% of Taxable Activity

Blockchain analytics firm Chainalysis estimates that approximately $457 billion in crypto-related activity is subject to taxation. However, the company noted that the Crypto-Asset Reporting Framework (CARF) developed by the OECD currently captures only 14% of the identified on-chain transactions, suggesting a significant gap in international tax reporting coverage.