Over Half Of US Crypto Users Don't Understand This Scary Tax Rule

The majority of crypto customers still don’t understand how crypto is taxed, mistakenly believing simple transfers trigger tax events. Related Reading: Hyperliquid’s Tokyo Edge Exposed — Secret Time Gap Is Tilting The Market Well intended crypto-tax confusion Although most crypto investors intend to comply with tax law, major confusion reigns amongst traders about cost basis, taxable events and evolving IRS regulations, Coinbase’s new 2026 Crypto Tax Readiness Report shows. The survey was conducted between September and October 2025, with a population of 3.000 U.S. crypto users. Related Reading: Hyperliquid’s Tokyo Edge Exposed — Secret Time Gap Is Tilting The Market Regulators are ramping up enforcement and data collection while retail users remain confused about what is actually a taxable event and how to track it across wallets, CEXs and DeFi. The legislation evolves way too fast for users to keep track, with 61% of the surveyed users reporting they were unaware of specific tax rule