Crypto Users Surveyed

The 2026 Crypto Tax Readiness Report surveyed 3,000 U.S. crypto users in the fall of 2025. The report characterizes today’s crypto user as a mainstream financial participant, noting that 76% also invest in traditional stocks and 83% hold investments outside of crypto. About 74% are aware that crypto is taxable, 65% have previously reported crypto activity on their returns, and another 15% have not yet needed to report because they have not had any taxable activity, such as buying and holding.

The report found that this compliance intent is not matched by a functional understanding of when a tax obligation is triggered. Only 49% of respondents correctly identified that a taxable event occurs every time crypto is sold, while 41% identified a transfer to a bank account as a taxable event, and nearly a quarter said the same of moving assets between their own wallets. Approximately 61% were unaware of the specific reporting rules that took effect for the 2025 tax year.

To dig deeper, visit the original article on the Thomson Reuters blog.