Chainalysis estimates $9.4 billion in taxable on-chain crypto activity in France for 2025
Blockchain analytics firm Chainalysis estimates that France could see $9.4 billion in potentially taxable crypto activity in 2025, according to a report cited by Bitcoin.com News and carried by Odaily. The figure breaks down into $5.2 billion tied to payments, $2.5 billion in capital gains, and $1.7 billion from mining and staking income. The report also points to a gap between estimated taxable activity and declared returns. French taxpayers reported €368 million in net gains for the 2024 tax year, covering about 24,000 people. That was up from roughly 7,700 people and €150.8 million a year earlier. Chainalysis said crypto tax non-compliance in some countries may exceed 90%. On the policy side, the European Union’s eighth Directive on Administrative Cooperation, or DAC8, took effect on Jan. 1, 2026. It requires crypto service providers to collect user identity and transaction data. Tax authorities in EU member states are set to begin cross-border exchanges of those records on Sept. 30, 2027. Chainalysis added that the Crypto-Asset Reporting Framework, or CARF, currently covers about 14% of potentially taxable on-chain activity worldwide.








