[Coinbase Survey: Over Half of U.S. Users Unaware of Basic Crypto Tax Rules] TechFlow News, March 30 – According to a report by CoinDesk, Coinbase and crypto tax tracking platform CoinTracker jointly released the '2026 Crypto Tax Readiness Report.' The survey revealed that more than half of cryptocurrency investors have misconceptions about taxable rules for digital assets. Only 49% of respondents correctly understood the basic concept that 'a taxable event occurs when cryptocurrency is sold,' while nearly a quarter of users mistakenly believed that simple wallet transfers would trigger tax obligations. The report also noted that users, on average, use 2.5 platforms or wallets, with 83% of users utilizing self-custody wallets. However, only 35% of users had ever adjusted their cost basis. The survey, conducted at the end of 2025, covered 3,000 U.S. crypto users. Coinbase stated that the new 1099-DA form system has issues with overreporting. Everyday operations such as stablecoin payments, small-scale decentralized finance (DeFi) transactions, and Ethereum gas fees technically constitute taxable events but generate limited actual tax revenue.