Trending...
- Pomona Organic Launches New Website, Surpasses 10 Million Bottles Sold, and Opens Affiliate Program to Creators
- New Study Finds Americans Judge Vacations on Value, Not Price — Signaling a Permanent Shift in How Travel Gets Booked
- Viasat, Galaxy 1 Communications and L2 Aviation to bring avionics integration to Advanced Air Mobility
Only 1.76% of global investors report their digital assets to tax authorities, according to a new report by crypto tax calculator Divly. This massive compliance gap leaves millions at risk as frameworks like 1099-DA, DAC8, and CARF drastically increase visibility.
STOCKHOLM - iSportsWire -- New research from crypto tax platform Divly suggests crypto tax compliance remains strikingly low worldwide.
In the Global Cryptocurrency Taxation Report 2026, Divly estimates that only 1.76% of crypto owners declared their assets to tax authorities, equivalent to roughly 1 in 57 globally. In absolute terms, the report's medium scenario points to about 5.3 million declarants versus roughly 301 million crypto owners across the markets studied, while even the high scenario rises only to 3.00% compliance.
More on iSports Wire
The study combines official declarant counts from nine countries with modeled estimates for other markets in a 31-country dataset. Among the countries analyzed, Japan ranked highest at 19.78%, followed by Norway at 14.63%, while Germany stood at 7.71% and the United States at 5.13%.
The Closing Window for Crypto Compliance
The timing matters. In the US, Form 1099-DA is pulling more 2025 digital asset transactions into the 2026 filing season, while in Europe DAC8 and the OECD's CARF are pushing 2026 crypto activity into formal reporting pipelines that begin reaching tax authorities in 2027.
The gap between current compliance and future visibility means millions of investors are largely unprepared for what comes next. Once these automated reporting pipelines are fully active, the shield of pseudo-anonymity will disappear, leaving non-compliant users exposed to unprecedented regulatory scrutiny and mounting tax liabilities
In the Global Cryptocurrency Taxation Report 2026, Divly estimates that only 1.76% of crypto owners declared their assets to tax authorities, equivalent to roughly 1 in 57 globally. In absolute terms, the report's medium scenario points to about 5.3 million declarants versus roughly 301 million crypto owners across the markets studied, while even the high scenario rises only to 3.00% compliance.
More on iSports Wire
- Matthew Cossolotto Spotlights Make a Promise Day 2026 Events, Including Official Launch of Harness Your PromisePower and Issuing a "Peace Promise"
- Landmark Expands Services to Include Specialized Glass and Glazing Solutions Across Los Angeles
- As Pentagon Releases Ufo Files, Debut Ya Novel Predicted It All
- RAATV Premieres Original Reality Series "The Access Index: Jackson" June, 19
- Connecticut Resident Develops Patent-Pending Concept Exploring a New Approach to GPS Navigation
The study combines official declarant counts from nine countries with modeled estimates for other markets in a 31-country dataset. Among the countries analyzed, Japan ranked highest at 19.78%, followed by Norway at 14.63%, while Germany stood at 7.71% and the United States at 5.13%.
The Closing Window for Crypto Compliance
The timing matters. In the US, Form 1099-DA is pulling more 2025 digital asset transactions into the 2026 filing season, while in Europe DAC8 and the OECD's CARF are pushing 2026 crypto activity into formal reporting pipelines that begin reaching tax authorities in 2027.
The gap between current compliance and future visibility means millions of investors are largely unprepared for what comes next. Once these automated reporting pipelines are fully active, the shield of pseudo-anonymity will disappear, leaving non-compliant users exposed to unprecedented regulatory scrutiny and mounting tax liabilities
Source: Divly
0 Comments
Latest on iSports Wire
- The Ryan Smith Show Emerges as a Distinct Voice in Ohio Sports Media
- Veikkaus Appoints New CFO as Finland's Gambling Monopoly Braces for Breakup
- ICTPBX Released: White-Label, Multi-Tenant Open Source PBX Platform for ITSPs
- 5,521 College Athletes Launch Own Merch Stores in Just 30 Days on AthleteMerch.com, Reaching 7,975 Live Storefronts Nationwide
- Altruvest and Financial Executives International Canada Announce Strategic Partnership to Strengthen Nonprofit Boards Across Canada
- Free Critical Illness Claim Calculator Launches to the Public
- Mustang Youth Football and Cheer Bids Grateful Farewell to President Tim Peters
- HRC Fertility Celebrates Beverly Hills Grand Opening, Spotlighting Fertility Care as Women's Health Month Begins
- HRC Fertility's Dr. Christo G. Zouves Appointed to San Mateo County Medical Association Board of Directors
- HealthBook+ and Stonebrook Risk Solutions Partner to Bring Predictive Intelligence to Healthcare Risk
- Umbrella Becomes First FinOps Platform to Support AWS Billing Transfer Onboarding
- RECYCLEXPERT FZE Strengthens Leadership in Data Destruction UAE and GCC with Certified Secure ITAD Services
- Assymetrix Launches the Deepest Independent Prediction Market Data API
- CCHR: 'Plant-Based' Psychedelics Push Masks Synthetic Drugs and Billion-Dollar Profits
- BTR: i2 Group Launches i2 Amplify, a Community Platform for Intelligence Professionals Worldwide
- L.A. Watts Summer Games Announces Free Pelé Tribute Event at Magic Johnson Park
- SUMOFIBER Fuels Explosive Growth With netElastic vBNG
- NRx Pharmaceuticals (N A S D A Q: NRXP) Accelerates Into National Spotlight as Manufacturing Launch, Federal Policy & AI-Driven Breakthroughs Converge
- Expanding Into High-Margin Battery Recycling With Black Mass Strategy plus Scaling AI Infrastructure & Global Supply Chain Platform: N A S D A Q: MWYN
- Long-Distance Couples Spend Nearly $7,000 on Travel Before Moving In Together, New Mayflower Research Finds




