Kraken filed 56 million crypto tax forms for 2025. One-third were below $1

Kraken filed 56 million crypto tax forms for 2025. One-third were below $1

Search/NewsVideoPricesResearchConsensus 2026Data & IndicesSponsoredSearch/enPolicyShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailKraken filed 56 million crypto tax forms for 2025. One-third were below $1The lack of a de minimis exemption for crypto payments and staking rewards taxed at receipt creates a huge reporting burden, the data shows.By Francisco Rodrigues|Edited by Sheldon Reback Apr 22, 2026, 12:45 p.m. Make preferred on (Kelly Sikkema/Unsplash)What to know: Kraken says it filed 56 million crypto tax forms for 2025, with 74% covering transactions valued below $50.The lack of a least-value exemption for crypto payments and staking rewards taxed at receipt creates a massive tax reporting burden for investors.The exchange is advocating for Congress to pass a broad, inflation-indexed de minimis tax exemption and allow taxpayers to elect when staking rewards ar

Source: https://www.coindesk.com/policy/2026/04/22/kraken-filed-56-million-crypto-tax-forms-for-2025-one-third-were-below-usd1