Chainalysis: $457 billion in cryptocurrency remains outside tax oversight; gaps in global reporting identified
27.08.2026
Chainalysis, a leading blockchain analytics firm, has published the results of a study showing that the volume of untaxed cryptocurrency activity worldwide has reached $457 billion. These figures highlight significant gaps in existing tax reporting and oversight mechanisms for digital assets.Chainalysis experts note that due to the anonymity and decentralized nature of cryptocurrencies, a significant portion of transactions remains outside the purview of tax authorities. It is estimated that about 55% of all cryptocurrency transactions are not reported on tax returns, posing a threat to government budgets and the fairness of the tax system.The study also notes that North America and Europe remain the most vulnerable regions, where the volume of untaxed transactions exceeds $200 billion. At the same time, countries in the Asia-Pacific region are showing growing interest in implementing stricter reporting standards for digital assets.Chainalysis recommends that international regulators step up cooperation and implement uniform standards for information exchange among tax authorities. Specifically, it proposes using automated systems to track cryptocurrency transactions and tightening user identification requirements on exchange platforms.The relevance of this issue is underscored by the growing volume of investment in digital assets: according to Chainalysis, total cryptocurrency turnover has increased by 18% in the last 12 months alone. Amid the market’s dynamic growth, issues of transparency and taxation are becoming critical to the sustainable development of the global financial system.