Survey: Crypto investors lack tax awareness; over half are unaware of when they need to pay taxes.

A survey of 3,000 U.S. crypto investors by Coinbase and CoinTracker revealed that over half of respondents were unaware of when their crypto holdings were taxable, and only 49% correctly identified a taxable event occurring "on sale" of crypto assets. Over 60% of customers had incomplete cost basis data, and Coinbase anticipates issuing over 4 million 1099-DA tax forms to customers with earnings below $600.