France's Crypto Activity Could Reach $9.4 Billion in Taxable Transactions by 2025

France's crypto activity could reach $9.4 billion in taxable transactions by 2025, according to Chainalysis data.

The amount includes payments, realized gains, and income from sources such as mining, staking, loans, and gaming on six major blockchains: Bitcoin, Ethereum, Solana, Tron, BNB Smart Chain, and Base.

The $9.4 billion figure is divided into three categories: $5.2 billion in payments, $2.5 billion in realized gains, and $1.7 billion in income.

However, this estimate does not necessarily translate to hidden gains or unreported taxes by the State.