Crypto Tax: What You Need to Know in 2025

When dealing with Crypto Tax, the reporting and payment of taxes on cryptocurrency transactions, airdrops, and holdings, also called cryptocurrency tax, you quickly see how it touches almost every crypto activity. Crypto tax isn’t just a line on a form – it’s a framework that captures the value you earn, spend, or move on blockchains. Airdrop, a free token distribution that can create taxable income is a perfect example: the moment the tokens appear in your wallet, the fair market value becomes ordinary income that you must report. Likewise, Crypto Exchange, any platform where you buy, sell, or swap digital assets generates trade records, fees, and gains that feed directly into your tax calculation. The logic is simple – if you earn or move crypto, the tax code expects a number.

Key Areas Covered

Understanding how Sanctions, government restrictions that can affect crypto access and reporting obligations play into your filings is essential. When a country imposes sanctions on a wallet or exchange, the resulting blocked transactions still count as a disposition for tax purposes, and you may need to disclose those events. DeFi, decentralized finance platforms that let you lend, borrow, or earn yield on crypto adds another layer: interest earned, liquidity mining rewards, and staking yields all count as income, and each action can trigger a taxable event. Think of crypto tax as a web that connects reporting requirements (what you must declare), transaction sources (airdrops, trades, DeFi yields), and regulatory context (sanctions, exchange licensing). In practice, you’ll need to gather statements from every exchange you used, track the date‑of‑receipt for airdropped tokens, and calculate the fair market value at each conversion point.

Below you’ll find a curated list of guides that break down each of these pieces. We cover how to record an airdrop, what exchange statements look like, how sanctions affect your tax position, and the specific steps for handling DeFi yields. Whether you’re a beginner trying to avoid a surprise bill or an experienced trader fine‑tuning your crypto tax workflow, the articles ahead give you the concrete tools you need to stay compliant and confident in 2025.