[Over 90% of Cryptocurrency Gains in France Unreported, Taxable On-Chain Activities to Reach $9.4 Billion by 2025] Odaily Planet Daily News: Blockchain analytics firm Chainalysis estimates that France's potential taxable cryptocurrency activities will reach $9.4 billion by 2025, including $5.2 billion in payments, $2.5 billion in capital gains, and $1.7 billion in mining and staking income. French taxpayers declared only €368 million in net gains for the 2024 fiscal year, involving approximately 24,000 individuals, an increase from around 7,700 individuals and €150.8 million in the previous year. Chainalysis noted that the rate of cryptocurrency tax non-compliance in some countries could exceed 90%. The European Union's eighth Directive on Administrative Cooperation (DAC8) will take effect on January 1, 2026, requiring crypto service providers to collect user identity and transaction data. Member states' tax authorities will begin cross-border exchanges of related records starting September 30, 2027. CARF currently covers approximately 14% of global potential taxable on-chain activities. (Bitcoin.com News)