{"id":14927,"date":"2026-08-17T09:28:21","date_gmt":"2026-08-17T01:28:21","guid":{"rendered":"https:\/\/www.qicaiying.cn\/archives\/14927"},"modified":"2026-09-01T17:43:01","modified_gmt":"2026-09-01T09:43:01","slug":"%e5%8a%a0%e5%af%86%e8%b5%84%e4%ba%a7%e4%b8%8d%e6%98%af%e6%b3%95%e5%a4%96%e4%b9%8b%e5%9c%b0%ef%bc%9a2026carfcrs%e5%8f%8c%e9%87%8d%e7%a9%bf%e9%80%8f%ef%bc%8cusdt%e6%b5%b7%e5%a4%96%e8%b4%a6%e6%88%b7","status":"publish","type":"post","link":"https:\/\/www.qicaiying.cn\/en\/archives\/14927","title":{"rendered":"Cryptocurrencies Are Not a Lawless Zone: Dual Penetration Under CARF and CRS in 2026\u2014Overseas USDT Accounts Will Also Be Subject to Automatic Exchange"},"content":{"rendered":"
\n

<\/p>\n

Mr. Zhou from Hangzhou began accepting payments in USDT in 2021. After three years in the overseas e-commerce business, he has accumulated the equivalent of $600,000 in USDT in his account, most of which is held at a compliant, licensed exchange in Hong Kong.<\/p>\n

He\u2019s always had this misconception\u2014\u201dCryptocurrencies aren\u2019t on the CRS list, so the tax authorities can\u2019t see them.\u201d<\/p>\n

On June 17, 2026, the Hong Kong Legislative Council passed the \u201cTaxation (Amendment) (Automatic Exchange of Tax Account Information) Ordinance\u201d on its third reading, formally incorporating the CARF (Crypto-Asset Reporting Framework) into the CRS system.<\/p>\n

After passing the third reading, Hong Kong will, at the earliest,Effective January 2027; the first exchange will begin in 2028<\/strong>The<\/p>\n

Mr. Zhou\u2019s exchange account, Hong Kong bank account, and mainland identification information will be compiled into a single data package and automatically transmitted via an encrypted channel to the mainland tax authority on an ordinary workday in 2028.<\/p>\n

He thought about it for three days and took two actions: First, he voluntarily reported his overseas income; second, he reassessed the structure of his cryptocurrency portfolio.<\/p>\n

These are the trends that people in mainland China engaged in cross-border activities must be aware of in 2026\u2014Cryptocurrencies are no longer a blind spot under the CRS; rather, they are among the first targets for exchange in 2028.<\/strong>The<\/p>\n

01<\/p>\n

What exactly is CARF, and how is it related to CRS?<\/p>\n

CRS is an international framework for the automatic exchange of financial account information among countries. China joined in the second batch in 2018 and conducted its first exchange in 2019.<\/p>\n

Over the past seven years, the CRS has covered \u201dtraditional financial assets\u201d such as bank accounts, securities accounts, the cash value of insurance policies, and trust beneficiary interests.<\/p>\n

Cryptocurrencies fall just outside the scope of the CRS\u2014they are not financial institutions, securities, or insurance products; they are highly decentralized, circulate globally, and lack transparency.<\/p>\n

In 2023, the G20 commissioned the OECD to develop the CARF (Crypto-Asset Reporting Framework), with a clear objective: toLicensed Crypto Asset Service Provider<\/strong>Incorporating the CRS system will require exchanges and wallet service providers to report user information just as banks do.<\/p>\n

CARF does not operate independently; it functions asCRS Extension Modules<\/strong>Layered on top of each other\u2014that's why it's called \u201dCARF+CRS Dual Penetration.\u201d<\/p>\n

Since the beginning of 2024, more than 60 CRS participants worldwide have announced their intention to adopt CARF, with Hong Kong, Singapore, Japan, and South Korea leading the way.<\/p>\n

The Hong Kong Legislative Council's passage of the bill on its third reading on June 17 means thatHong Kong was one of the first jurisdictions in Asia to implement the program.<\/strong>The<\/p>\n

02<\/p>\n

Which crypto assets are subject to look-through treatment?<\/p>\n

Not all crypto assets are subject to look-through. CARF defines the specific scope of coverage:<\/p>\n

Coverage Area:<\/strong>Tradable crypto assets such as BTC, ETH, USDT, and USDC held by licensed crypto asset service providers (CASP); on-chain NFTs (not held in self-custody wallets); and certain tokenized financial products.<\/p>\n

Outside the coverage area:<\/strong>Self-custodial wallets (cold wallets, offline wallets), decentralized exchanges (DEXs, although on-chain activity is being indirectly tracked), and CBDCs (central bank digital currencies).<\/p>\n

Exchanges are the key entry point. As long as your USDT is held on a licensed exchange (such as the VSMP virtual asset trading platform licensed by the Hong Kong Securities and Futures Commission or the DPT platform licensed by the Singapore Monetary Authority), it will be subject to\u7a7f\u900f.<\/p>\n

03<\/p>\n

What happens after penetration?<\/p>\n

Take Mr. Zhou as an example; the exchange packets he will receive in 2028 will contain the following information:<\/p>\n

Name, mainland ID number, place of birth, and residential address\u2014these are the \u201didentifying information\u201d as defined by the CRS standards.<\/p>\n

Name, address, and tax ID number of the crypto asset service provider\u2014service provider identification.<\/p>\n

Account number, year-end account balance (converted to U.S. dollars), and total amounts purchased, sold, and converted throughout the year\u2014key data.<\/p>\n

The entire exchange process is automatically carried out over an encrypted channel,No consent is required, and the service provider is not required to notify you.<\/strong>The<\/p>\n

What Mr. Zhou received was not a \u201dtax bill,\u201d but a \u201dreconciliation report.\u201d The Mainland tax authorities will cross-check your personal income tax return data from the past few years against this CARF data.<\/p>\n

If the discrepancy is \u226550,000 RMB and has not been reported, the case will automatically be referred to the \u201dSpecial Audit of Tax-Related Information for High-Net-Worth Individuals\u201d process.<\/p>\n

the reason whyOnce the tax audit is complete, the question you\u2019ll face isn\u2019t \u201dShould I pay back taxes?\u201d but \u201dDoes the tax authority already know whether I need to pay back taxes?\u201d<\/strong>The<\/p>\n

04<\/p>\n

Two Typical Types of Risks Faced by Overseas Chinese<\/p>\n

Category 1,\u201cReceive USDT + Withdraw to a Hong Kong Bank Account\u201d<\/strong>. For business owners in cross-border e-commerce, 90% is the path to follow.<\/p>\n

Under the CARF+CRS framework, this structure would disclose three types of information: mainland identity, Hong Kong Stock Exchange account, and Hong Kong bank account.<\/p>\n

In the past, you only had to file a \u201ddifferential dividend tax return\u201d or a \u201ctax-exempt return,\u201d but starting in 2028, you will be required to provide a full explanation of the source of funds, the nature of the income, and any foreign exchange losses.<\/p>\n

The second category,\u201cLong-term holding of BTC + custody on overseas exchanges\u201d<\/strong>. This group has been invisible in CRS exchanges over the past seven years because CRS does not report BTC balances.<\/p>\n

After 2028, BTC holdings will be converted to U.S. dollars for reporting purposes. If unrealized gains from long-term holdings are not reported,Upon sale, you will be required to pay back taxes, late payment penalties, and fines, which can be up to 1\u20135 times the original amount.<\/strong>The<\/p>\n

\ud83d\udccc If you are receiving payments in USDT or USDC, or holding BTC or ETH on an overseas exchange, filing a voluntary disclosure by September 2026 is currently the safest course of action to protect yourself.<\/strong><\/p>\n

05<\/p>\n

A Three-Step Approach to Compliance Self-Assessment in 2026<\/p>\n

Step 1,Compile a list of all overseas cryptocurrency service providers<\/strong>. This includes licensed exchanges in Hong Kong, Singapore, Japan, the United States, and the European Union. Log in to each one and download your complete account history.<\/p>\n

Step 2,Comparison with Mainland China Individual Income Tax Filing Records<\/strong>. Organize the buy, sell, conversion, and withdrawal transactions in your account history into a table to see which transactions correspond to your reported income.<\/p>\n

Step 3,Proactively Report Any Discrepancies<\/strong>. Proactively report the difference under the \u201dOther Income\u201d or \u201dBusiness Income\u201d categories during the annual tax settlement.<\/p>\n

Following the vote by the Hong Kong Legislative Council,2027 is the transition year, 2028 is the first exchange year, and large-scale audits will begin in 2029.<\/strong>The<\/p>\n

2026 marks a milestone year for the regulation of cross-border crypto assets held by Chinese nationals in mainland China.\u201cGolden Window Period for Self-Inspection\u201d<\/strong>. If you voluntarily file an amended return now, you will generally not be subject to penalties; however, if you file an amended return after 2028 following a \"piercing the corporate veil\" determination, you may be subject to a fine of 50%-5 times the amount of unpaid taxes, in accordance with Article 63 of the Tax Collection and Administration Law.<\/p>\n

\ud83d\udccc The CARF+CRS dual-penetration approach is not intended to \u201dcrush\u201d overseas Chinese, but rather to \u201dgain a clear understanding\u201d of them. The purpose of this understanding is not to punish, but to establish a globally unified system of asset transparency.<\/strong><\/p>\n

It\u2019s better to do this thing this morning than today, and better to do it today than tomorrow.<\/p>\n

<\/p>\n

Scan the QR code to add Qicaiying\u2019s online customer service<\/p>\n

\u2014\u2014 E N D \u2014\u2014<\/p>\n

\n

\ud83d\udccc Recommended Articles from Previous Issues<\/p>\n

\u25b8 2026: Six-Month Report on the Eight Departments\u2019 Regulatory Crackdown\u2014Only Three Compliance Paths Remain for Cross-Border Stock Trading<\/a><\/p>\n

\u25b8 CRS Tax Residency Status! 2026 Practical Guide to Self-Assessment and Determination<\/a><\/p>\n

\u25b8 Comparison of Data from Four Major Platforms for Chinese Sellers Expanding Overseas in the Second Half of 2026<\/a><\/p>\n

\u25b8 2026 9810 Tax Refund Upon Departure: A Practical Guide to the Entire Process from Filing to Settlement<\/a><\/p>\n<\/div>\n

\n

\n

As a professional one-stop business service platform, Qicaiying is committed to providing our clients with high-quality services, including mainland company registration, Hong Kong company registration, offshore company registration, bookkeeping and tax filing, annual reviews and audits, corporate bank account opening, financial and tax compliance, equity structuring, ODI filing, cross-border e-commerce services, Hong Kong residency, immigration, and study abroad\u2014all designed to support businesses in their global expansion. Feel free to add me on WeChat (phone number and WeChat ID are the same: 18620388671) for inquiries at any time.<\/p>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"

Mr. Zhou from Hangzhou began accepting USDT payments in 2021. After three years in overseas e-commerce, he has accumulated the equivalent of $600,000 in USDT in his account, most of which is held on compliant, licensed exchanges in Hong Kong. He has always been under the mistaken impression that \u201dcrypto assets aren\u2019t on the CRS list, so the tax authorities can\u2019t see them.\u201d<\/p>","protected":false},"author":18,"featured_media":14926,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17,18,64],"tags":[475],"class_list":["post-14927","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-allguide","category-recomguide","category-gf-tax-compliance","tag-crs"],"yoast_head":"\n\u52a0\u5bc6\u8d44\u4ea7\u4e0d\u662f\u6cd5\u5916\u4e4b\u5730\uff1a2026CARF+CRS\u53cc\u91cd\u7a7f\u900f\uff0cUSDT\u6d77\u5916\u8d26\u6237\u4e5f\u4f1a\u88ab\u81ea\u52a8\u4ea4\u6362 - \u4f01\u8d22\u76c8<\/title>\n<meta name=\"description\" content=\"\u676d\u5dde\u5468\u8001\u677f 2021 \u5e74\u5f00\u59cb\u7528 USDT \u6536\u6b3e\uff0c\u505a\u6d77\u5916\u7535\u5546\u4e09\u5e74\uff0c\u8d26\u6237\u91cc\u6c89\u6dc0\u4e86 60 \u4e07\u7f8e\u5143\u7b49\u503c\u7684 USDT\uff0c\u5927\u90e8\u5206\u653e\u5728\u9999\u6e2f\u5408\u89c4\u6301\u724c\u4ea4\u6613\u6240\u3002 \u4ed6\u4e00\u76f4\u6709\u4e2a\u9519\u89c9\u2014\u2014"\u52a0\u5bc6\u8d44\u4ea7\u4e0d\u5728 CRS \u540d\u5355\u4e0a\uff0c\u7a0e\u52a1\u5c40\u770b\u4e0d\u5230\u3002\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.qicaiying.cn\/en\/archives\/14927\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"\u52a0\u5bc6\u8d44\u4ea7\u4e0d\u662f\u6cd5\u5916\u4e4b\u5730\uff1a2026CARF+CRS\u53cc\u91cd\u7a7f\u900f\uff0cUSDT\u6d77\u5916\u8d26\u6237\u4e5f\u4f1a\u88ab\u81ea\u52a8\u4ea4\u6362 - \u4f01\u8d22\u76c8\" \/>\n<meta property=\"og:description\" content=\"\u676d\u5dde\u5468\u8001\u677f 2021 \u5e74\u5f00\u59cb\u7528 USDT \u6536\u6b3e\uff0c\u505a\u6d77\u5916\u7535\u5546\u4e09\u5e74\uff0c\u8d26\u6237\u91cc\u6c89\u6dc0\u4e86 60 \u4e07\u7f8e\u5143\u7b49\u503c\u7684 USDT\uff0c\u5927\u90e8\u5206\u653e\u5728\u9999\u6e2f\u5408\u89c4\u6301\u724c\u4ea4\u6613\u6240\u3002 \u4ed6\u4e00\u76f4\u6709\u4e2a\u9519\u89c9\u2014\u2014"\u52a0\u5bc6\u8d44\u4ea7\u4e0d\u5728 CRS \u540d\u5355\u4e0a\uff0c\u7a0e\u52a1\u5c40\u770b\u4e0d\u5230\u3002\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.qicaiying.cn\/en\/archives\/14927\/\" \/>\n<meta property=\"og:site_name\" content=\"\u4f01\u8d22\u76c8\" \/>\n<meta property=\"article:published_time\" content=\"2026-08-17T01:28:21+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-09-01T09:43:01+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/qcyboss.oss-cn-shenzhen.aliyuncs.com\/wp-content\/uploads\/2026\/08\/20260817092820587.png\" \/>\n\t<meta property=\"og:image:width\" content=\"200\" \/>\n\t<meta property=\"og:image:height\" content=\"200\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"\u9676, \u4e3a\u94ed\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"\u9676, \u4e3a\u94ed\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.qicaiying.cn\\\/archives\\\/14927#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.qicaiying.cn\\\/archives\\\/14927\"},\"author\":{\"name\":\"\u9676, \u4e3a\u94ed\",\"@id\":\"https:\\\/\\\/www.qicaiying.cn\\\/#\\\/schema\\\/person\\\/b27c634434b80de2a6cfc043df14c7e5\"},\"headline\":\"\u52a0\u5bc6\u8d44\u4ea7\u4e0d\u662f\u6cd5\u5916\u4e4b\u5730\uff1a2026CARF+CRS\u53cc\u91cd\u7a7f\u900f\uff0cUSDT\u6d77\u5916\u8d26\u6237\u4e5f\u4f1a\u88ab\u81ea\u52a8\u4ea4\u6362\",\"datePublished\":\"2026-08-17T01:28:21+00:00\",\"dateModified\":\"2026-09-01T09:43:01+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.qicaiying.cn\\\/archives\\\/14927\"},\"wordCount\":61,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.qicaiying.cn\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.qicaiying.cn\\\/archives\\\/14927#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/qcyboss.oss-cn-shenzhen.aliyuncs.com\\\/wp-content\\\/uploads\\\/2026\\\/08\\\/20260817092820587.png\",\"keywords\":[\"crs\"],\"articleSection\":[\"\u5168\u90e8\",\"\u63a8\u8350\",\"\u8d22\u7a0e\u5408\u89c4\u6307\u5357\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.qicaiying.cn\\\/archives\\\/14927#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.qicaiying.cn\\\/archives\\\/14927\",\"url\":\"https:\\\/\\\/www.qicaiying.cn\\\/archives\\\/14927\",\"name\":\"\u52a0\u5bc6\u8d44\u4ea7\u4e0d\u662f\u6cd5\u5916\u4e4b\u5730\uff1a2026CARF+CRS\u53cc\u91cd\u7a7f\u900f\uff0cUSDT\u6d77\u5916\u8d26\u6237\u4e5f\u4f1a\u88ab\u81ea\u52a8\u4ea4\u6362 - \u4f01\u8d22\u76c8\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.qicaiying.cn\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.qicaiying.cn\\\/archives\\\/14927#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.qicaiying.cn\\\/archives\\\/14927#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/qcyboss.oss-cn-shenzhen.aliyuncs.com\\\/wp-content\\\/uploads\\\/2026\\\/08\\\/20260817092820587.png\",\"datePublished\":\"2026-08-17T01:28:21+00:00\",\"dateModified\":\"2026-09-01T09:43:01+00:00\",\"description\":\"\u676d\u5dde\u5468\u8001\u677f 2021 \u5e74\u5f00\u59cb\u7528 USDT \u6536\u6b3e\uff0c\u505a\u6d77\u5916\u7535\u5546\u4e09\u5e74\uff0c\u8d26\u6237\u91cc\u6c89\u6dc0\u4e86 60 \u4e07\u7f8e\u5143\u7b49\u503c\u7684 USDT\uff0c\u5927\u90e8\u5206\u653e\u5728\u9999\u6e2f\u5408\u89c4\u6301\u724c\u4ea4\u6613\u6240\u3002 \u4ed6\u4e00\u76f4\u6709\u4e2a\u9519\u89c9\u2014\u2014\\\"\u52a0\u5bc6\u8d44\u4ea7\u4e0d\u5728 CRS \u540d\u5355\u4e0a\uff0c\u7a0e\u52a1\u5c40\u770b\u4e0d\u5230\u3002\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.qicaiying.cn\\\/archives\\\/14927#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.qicaiying.cn\\\/archives\\\/14927\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.qicaiying.cn\\\/archives\\\/14927#primaryimage\",\"url\":\"https:\\\/\\\/qcyboss.oss-cn-shenzhen.aliyuncs.com\\\/wp-content\\\/uploads\\\/2026\\\/08\\\/20260817092820587.png\",\"contentUrl\":\"https:\\\/\\\/qcyboss.oss-cn-shenzhen.aliyuncs.com\\\/wp-content\\\/uploads\\\/2026\\\/08\\\/20260817092820587.png\",\"width\":200,\"height\":200,\"caption\":\"\u52a0\u5bc6\u8d44\u4ea7\u4e0d\u662f\u6cd5\u5916\u4e4b\u5730\uff1a2026CARF+CRS\u53cc\u91cd\u7a7f\u900f\uff0cUSDT\u6d77\u5916\u8d26\u6237\u4e5f\u4f1a\u88ab\u81ea\u52a8\u4ea4\u6362\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.qicaiying.cn\\\/archives\\\/14927#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.qicaiying.cn\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"\u52a0\u5bc6\u8d44\u4ea7\u4e0d\u662f\u6cd5\u5916\u4e4b\u5730\uff1a2026CARF+CRS\u53cc\u91cd\u7a7f\u900f\uff0cUSDT\u6d77\u5916\u8d26\u6237\u4e5f\u4f1a\u88ab\u81ea\u52a8\u4ea4\u6362\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.qicaiying.cn\\\/#website\",\"url\":\"https:\\\/\\\/www.qicaiying.cn\\\/\",\"name\":\"\u4f01\u8d22\u76c8\",\"description\":\"\u4f01\u8d22\u76c8\u00b7\u8d4b\u80fd\u6bcf\u4e00\u4e2a\u521b\u4e1a\u68a6\u60f3\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.qicaiying.cn\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.qicaiying.cn\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.qicaiying.cn\\\/#organization\",\"name\":\"\u4f01\u8d22\u76c8\",\"url\":\"https:\\\/\\\/www.qicaiying.cn\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.qicaiying.cn\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.qicaiying.cn\\\/wp-content\\\/uploads\\\/2025\\\/06\\\/512.png\",\"contentUrl\":\"https:\\\/\\\/www.qicaiying.cn\\\/wp-content\\\/uploads\\\/2025\\\/06\\\/512.png\",\"width\":512,\"height\":512,\"caption\":\"\u4f01\u8d22\u76c8\"},\"image\":{\"@id\":\"https:\\\/\\\/www.qicaiying.cn\\\/#\\\/schema\\\/logo\\\/image\\\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.qicaiying.cn\\\/#\\\/schema\\\/person\\\/b27c634434b80de2a6cfc043df14c7e5\",\"name\":\"\u9676, \u4e3a\u94ed\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/595119b3d1d2f82f25c6f8d9c036a748b30c23d8271bdfee90df36c31da3d335?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/595119b3d1d2f82f25c6f8d9c036a748b30c23d8271bdfee90df36c31da3d335?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/595119b3d1d2f82f25c6f8d9c036a748b30c23d8271bdfee90df36c31da3d335?s=96&d=mm&r=g\",\"caption\":\"\u9676, \u4e3a\u94ed\"},\"url\":\"https:\\\/\\\/www.qicaiying.cn\\\/en\\\/archives\\\/author\\\/taoweiming\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Cryptocurrencies Are Not a Lawless Zone: Dual Penetration Under CARF+CRS in 2026\u2014Overseas USDT Accounts Will Also Be Subject to Automatic Exchange - Qicaiying","description":"Mr. Zhou from Hangzhou began accepting USDT payments in 2021. After three years in overseas e-commerce, he had accumulated the equivalent of $600,000 in USDT in his account, most of which was held on compliant, licensed exchanges in Hong Kong. He had always been under the misconception that \"crypto assets aren\u2019t on the CRS list, so the tax authorities can\u2019t see them.\u201d","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.qicaiying.cn\/en\/archives\/14927\/","og_locale":"en_US","og_type":"article","og_title":"\u52a0\u5bc6\u8d44\u4ea7\u4e0d\u662f\u6cd5\u5916\u4e4b\u5730\uff1a2026CARF+CRS\u53cc\u91cd\u7a7f\u900f\uff0cUSDT\u6d77\u5916\u8d26\u6237\u4e5f\u4f1a\u88ab\u81ea\u52a8\u4ea4\u6362 - \u4f01\u8d22\u76c8","og_description":"\u676d\u5dde\u5468\u8001\u677f 2021 \u5e74\u5f00\u59cb\u7528 USDT \u6536\u6b3e\uff0c\u505a\u6d77\u5916\u7535\u5546\u4e09\u5e74\uff0c\u8d26\u6237\u91cc\u6c89\u6dc0\u4e86 60 \u4e07\u7f8e\u5143\u7b49\u503c\u7684 USDT\uff0c\u5927\u90e8\u5206\u653e\u5728\u9999\u6e2f\u5408\u89c4\u6301\u724c\u4ea4\u6613\u6240\u3002 \u4ed6\u4e00\u76f4\u6709\u4e2a\u9519\u89c9\u2014\u2014\"\u52a0\u5bc6\u8d44\u4ea7\u4e0d\u5728 CRS \u540d\u5355\u4e0a\uff0c\u7a0e\u52a1\u5c40\u770b\u4e0d\u5230\u3002","og_url":"https:\/\/www.qicaiying.cn\/en\/archives\/14927\/","og_site_name":"\u4f01\u8d22\u76c8","article_published_time":"2026-08-17T01:28:21+00:00","article_modified_time":"2026-09-01T09:43:01+00:00","og_image":[{"width":200,"height":200,"url":"https:\/\/qcyboss.oss-cn-shenzhen.aliyuncs.com\/wp-content\/uploads\/2026\/08\/20260817092820587.png","type":"image\/png"}],"author":"\u9676, \u4e3a\u94ed","twitter_card":"summary_large_image","twitter_misc":{"Written by":"\u9676, \u4e3a\u94ed","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.qicaiying.cn\/archives\/14927#article","isPartOf":{"@id":"https:\/\/www.qicaiying.cn\/archives\/14927"},"author":{"name":"\u9676, \u4e3a\u94ed","@id":"https:\/\/www.qicaiying.cn\/#\/schema\/person\/b27c634434b80de2a6cfc043df14c7e5"},"headline":"\u52a0\u5bc6\u8d44\u4ea7\u4e0d\u662f\u6cd5\u5916\u4e4b\u5730\uff1a2026CARF+CRS\u53cc\u91cd\u7a7f\u900f\uff0cUSDT\u6d77\u5916\u8d26\u6237\u4e5f\u4f1a\u88ab\u81ea\u52a8\u4ea4\u6362","datePublished":"2026-08-17T01:28:21+00:00","dateModified":"2026-09-01T09:43:01+00:00","mainEntityOfPage":{"@id":"https:\/\/www.qicaiying.cn\/archives\/14927"},"wordCount":61,"commentCount":0,"publisher":{"@id":"https:\/\/www.qicaiying.cn\/#organization"},"image":{"@id":"https:\/\/www.qicaiying.cn\/archives\/14927#primaryimage"},"thumbnailUrl":"https:\/\/qcyboss.oss-cn-shenzhen.aliyuncs.com\/wp-content\/uploads\/2026\/08\/20260817092820587.png","keywords":["crs"],"articleSection":["\u5168\u90e8","\u63a8\u8350","\u8d22\u7a0e\u5408\u89c4\u6307\u5357"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.qicaiying.cn\/archives\/14927#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.qicaiying.cn\/archives\/14927","url":"https:\/\/www.qicaiying.cn\/archives\/14927","name":"Cryptocurrencies Are Not a Lawless Zone: Dual Penetration Under CARF+CRS in 2026\u2014Overseas USDT Accounts Will Also Be Subject to Automatic Exchange - Qicaiying","isPartOf":{"@id":"https:\/\/www.qicaiying.cn\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.qicaiying.cn\/archives\/14927#primaryimage"},"image":{"@id":"https:\/\/www.qicaiying.cn\/archives\/14927#primaryimage"},"thumbnailUrl":"https:\/\/qcyboss.oss-cn-shenzhen.aliyuncs.com\/wp-content\/uploads\/2026\/08\/20260817092820587.png","datePublished":"2026-08-17T01:28:21+00:00","dateModified":"2026-09-01T09:43:01+00:00","description":"Mr. Zhou from Hangzhou began accepting USDT payments in 2021. After three years in overseas e-commerce, he had accumulated the equivalent of $600,000 in USDT in his account, most of which was held on compliant, licensed exchanges in Hong Kong. He had always been under the misconception that \"crypto assets aren\u2019t on the CRS list, so the tax authorities can\u2019t see them.\u201d","breadcrumb":{"@id":"https:\/\/www.qicaiying.cn\/archives\/14927#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.qicaiying.cn\/archives\/14927"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.qicaiying.cn\/archives\/14927#primaryimage","url":"https:\/\/qcyboss.oss-cn-shenzhen.aliyuncs.com\/wp-content\/uploads\/2026\/08\/20260817092820587.png","contentUrl":"https:\/\/qcyboss.oss-cn-shenzhen.aliyuncs.com\/wp-content\/uploads\/2026\/08\/20260817092820587.png","width":200,"height":200,"caption":"\u52a0\u5bc6\u8d44\u4ea7\u4e0d\u662f\u6cd5\u5916\u4e4b\u5730\uff1a2026CARF+CRS\u53cc\u91cd\u7a7f\u900f\uff0cUSDT\u6d77\u5916\u8d26\u6237\u4e5f\u4f1a\u88ab\u81ea\u52a8\u4ea4\u6362"},{"@type":"BreadcrumbList","@id":"https:\/\/www.qicaiying.cn\/archives\/14927#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.qicaiying.cn\/"},{"@type":"ListItem","position":2,"name":"\u52a0\u5bc6\u8d44\u4ea7\u4e0d\u662f\u6cd5\u5916\u4e4b\u5730\uff1a2026CARF+CRS\u53cc\u91cd\u7a7f\u900f\uff0cUSDT\u6d77\u5916\u8d26\u6237\u4e5f\u4f1a\u88ab\u81ea\u52a8\u4ea4\u6362"}]},{"@type":"WebSite","@id":"https:\/\/www.qicaiying.cn\/#website","url":"https:\/\/www.qicaiying.cn\/","name":"QCY","description":"Qicaiying: Empowering Every Entrepreneurial Dream","publisher":{"@id":"https:\/\/www.qicaiying.cn\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.qicaiying.cn\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.qicaiying.cn\/#organization","name":"QCY","url":"https:\/\/www.qicaiying.cn\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.qicaiying.cn\/#\/schema\/logo\/image\/","url":"https:\/\/www.qicaiying.cn\/wp-content\/uploads\/2025\/06\/512.png","contentUrl":"https:\/\/www.qicaiying.cn\/wp-content\/uploads\/2025\/06\/512.png","width":512,"height":512,"caption":"\u4f01\u8d22\u76c8"},"image":{"@id":"https:\/\/www.qicaiying.cn\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/www.qicaiying.cn\/#\/schema\/person\/b27c634434b80de2a6cfc043df14c7e5","name":"Tao, Wei Ming","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/595119b3d1d2f82f25c6f8d9c036a748b30c23d8271bdfee90df36c31da3d335?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/595119b3d1d2f82f25c6f8d9c036a748b30c23d8271bdfee90df36c31da3d335?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/595119b3d1d2f82f25c6f8d9c036a748b30c23d8271bdfee90df36c31da3d335?s=96&d=mm&r=g","caption":"\u9676, \u4e3a\u94ed"},"url":"https:\/\/www.qicaiying.cn\/en\/archives\/author\/taoweiming"}]}},"_links":{"self":[{"href":"https:\/\/www.qicaiying.cn\/en\/wp-json\/wp\/v2\/posts\/14927","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.qicaiying.cn\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.qicaiying.cn\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.qicaiying.cn\/en\/wp-json\/wp\/v2\/users\/18"}],"replies":[{"embeddable":true,"href":"https:\/\/www.qicaiying.cn\/en\/wp-json\/wp\/v2\/comments?post=14927"}],"version-history":[{"count":1,"href":"https:\/\/www.qicaiying.cn\/en\/wp-json\/wp\/v2\/posts\/14927\/revisions"}],"predecessor-version":[{"id":16845,"href":"https:\/\/www.qicaiying.cn\/en\/wp-json\/wp\/v2\/posts\/14927\/revisions\/16845"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.qicaiying.cn\/en\/wp-json\/wp\/v2\/media\/14926"}],"wp:attachment":[{"href":"https:\/\/www.qicaiying.cn\/en\/wp-json\/wp\/v2\/media?parent=14927"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.qicaiying.cn\/en\/wp-json\/wp\/v2\/categories?post=14927"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.qicaiying.cn\/en\/wp-json\/wp\/v2\/tags?post=14927"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}