Coinbase survey finds many crypto users still misunderstand taxes

A Coinbase and CoinTracker survey found fewer than half of crypto users correctly understand when digital assets become taxable.

A majority of crypto users remain unclear on basic tax rules, with fewer than half correctly identifying when transactions become taxable, a new survey found.

Only 49% of respondents correctly understand that crypto becomes taxable when it is sold, while nearly a quarter believe simple transfers can trigger tax events, according to a 2026 Crypto Tax Readiness Report published by Coinbase and CoinTracker.

The findings come from a survey of 3,000 US crypto users conducted between Sept. 9 and Oct. 3, ahead of the 2025 tax reporting season.

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