Regulation· ★★★· neutral· September 18, 20:54

Chainalysis: Global crypto tax base reaches $457 billion

—Taxable crypto activity is estimated at $457 billion
—Stablecoin payments are the largest category and the most globally distributed
—The report maps activity by country and region for tax authorities
—On-chain analytics helps identify high-risk wallets for audits

Why it matters: Growing tax oversight through on-chain data increases pressure on holders and exchanges, boosting the transparency of crypto operations.

Source: PANews