Expert warns tax framework misses 86% of $457 billion in onchain activity

Global tax authorities are losing the battle against crypto. The OECD’s reporting framework captures a measly 14% of taxable transactions, leaving a staggering 86% of activity—like DEX trades and P2P transfers—completely invisible to regulators. With over $457 billion in taxable on-chain value flowing globally, the current system is fundamentally broken and incapable of tracking the vast majority of crypto wealth. Is it time to accept that crypto is untaxable?
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