France Sees Estimated $9.4 Billion in Taxable Crypto Activity by 2025
The French crypto landscape is expected to see significant activity in the coming year, with Chainalysis estimating that $9.4 billion of potentially taxable cryptocurrency activity will occur in France by the end of 2025.
This estimate includes payments, realized gains, and income from various sources such as mining, staking, loans, and gaming.
The report notes that this amount is divided into three main categories: $5.2 billion in crypto payments, $2.5 billion in realized gains, and $1.7 billion in income.
Chainalysis emphasizes that its model does not cover all blockchains or internal transactions within exchange platforms, so the actual figure may be higher.