#美国贸易赤字扩大 Just confirmed from the Japanese National Tax Agency: a certain leading exchange's CARF cryptocurrency tax information synchronization mechanism is about to be launched. To start with the conclusion—Mainland China is not currently on the synchronization list.

However, Singapore, Canada, South Korea, the Cayman Islands, and all these places are on the list, along with Hong Kong, Macau, Taiwan, and 48 other countries and regions, making the coverage very extensive.

Remember the key date: it officially takes effect on January 1, 2026, and the final deadline for tax reporting and payment by tax authorities in various regions is April 30, 2027. The timeline is very clear.

The actual impact on everyone depends on your personal situation. If you are purely a Mainland Chinese resident—without overseas bank cards, overseas accounts, and not planning to study abroad or move abroad long-term—honestly, the pressure is not significant for now.

But as soon as your identity or assets have any overseas connection—even just an overseas account, an international card, or plans to move abroad later—the subsequent matters of asset declaration and tax planning become complicated. Instead of rushing at the last minute, it’s better to clarify your accounts and straighten out your identity now, so you can feel more at ease.