China Policy Targets Brokerages, Signals Crypto Tax Via CRS 2.0

China has introduced a new regulatory policy impacting brokerage platforms such as Futu and Tiger. This initiative is connected to "China Tax 2.0" and the Common Reporting Standard 2.0 (CRS 2.0). The policy is anticipated to have significant implications for crypto asset taxation, signaling increased governmental scrutiny.

Detected & updated continuously · Source: Ruma

Mentioned

Futu Holdings (Ondo Tokenized Stock) (futuon)