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Why paying taxes in crypto is 'never going to be mainstream,' experts say

TheStreet
Summary
Nutrition label

76% Informative

Colorado 's tax program launched in 2022 , collecting just $17,544 in digital assets in 2024 .

Program saw muted results, amounting to just 0.0005% of total tax payments last year .

Some in the digital asset community are unsurprised by the limited uptake of Colorado ’s program.

Others fault regulatory inertia and antiquated systems.

VR Score

78

Informative language

78

Neutral language

49

Article tone

formal

Language

English

Language complexity

59

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

Affiliate links

no affiliate links

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