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Chainalysis estimates $457B in taxable crypto as CARF coverage falls to 14%

8/26/2026

A $457 billion estimate of taxable onchain activity is now in focus, with Chainalysis providing the number and a pointed finding attached: the OECD's Crypto-Asset Reporting Framework covers just 14% of what the blockchain analytics firm identified.

The remaining 86% sits outside the international standard's scope.

CARF was built to standardize crypto asset disclosure across tax jurisdictions, but Chainalysis's figures put the framework's actual capacity in a difficult spot.

Most of the taxable onchain flow the firm catalogued does not pass through CARF at all.

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