Calix: Mainland China has not signed CARF, domestic users temporarily enjoy a 'sweet window period' FinTax founder Calix pointed out in an interview with WuTalk that since mainland China has not yet signed the CARF framework, overseas crypto transaction data is currently not automatically exchanged back to domestic tax authorities. Compared to the banking system already covered by CRS, this provides mainland tax residents with a brief arbitrage 'sweet window period.' However, he also warned that the lack of data exchange does not mean legal tax exemption. If crypto assets are converted into fiat currency, they may still be tracked. Moreover, as the wealth scale carried by crypto assets like RWA and stablecoins continues to expand, global taxation on crypto assets is an inevitable trend. Users should not take chances but instead use this window period to plan for the long term. The video and text content represent the interviewee's views only and do not reflect WuTalk's stance.