《CARF Encirclement: Global Tax Hunting Targeting the Crypto Circle》(Author @agintender) Previously, when users traded crypto on exchanges, tax authorities in their resident countries found it difficult to comprehensively obtain relevant information. Now, CARF connects users' tax resident countries with the exchanges' jurisdictions. Once they establish a CARF cooperation relationship, users' tax resident countries can obtain detailed information about their tax residents' overseas crypto trading and conduct tax collection and administration accordingly; The biggest difference between CARF and CRS is: CRS checks "how much money you have," while CARF checks "where you moved your money to"; Many veteran OGs believed that as long as assets are disposed of before the first information exchange in 2027, everything would be fine. This is incorrect. Read the full article: