© Reuters.

Swedish crypto tax firm Divly has released a new report that estimates that only 0.53% of crypto investors globally paid tax on their crypto in 2022 — however, tax experts have cast doubt on the figures and methodology.

Published on April 5, the Divly report came up with the estimate after analyzing the relationship between the number of people who declared cryptocurrency in their tax returns and the search volume for crypto tax-related keywords in various countries. It also used the number of crypto holders in each country according to Statista’s Global Cryptocurrency Report in its calculations.

Source: Divly