Bitcoin.com

Giant Hole in Global Crypto-Tax Net; China’s Taxable Crypto Only 1/5th of the US

Giant Hole in Global Crypto-Tax Net; China’s Taxable Crypto Only 1/5th of the USWorldPing

Only 14% of total global taxable onchain crypto asset activity falls into the new global tax net, which becomes active in 2027, an analysis showed.

This is a short WorldPing brief. The full report was published by Bitcoin.com.

Read the full report at Bitcoin.com

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About 17,600 people in the UK reported a combined $1.9 billion in gains tied to crypto in the 2024 to 2025 tax year, with 240 each declaring more than $1.4 million.

Brief by WorldPing · Original reporting by Cointelegraph