FinTax founder Calix highlighted that China's absence from the CARF framework means overseas crypto transaction data is not automatically shared with Chinese tax authorities. This creates a temporary "sweet spot" for tax arbitrage compared to the CRS-covered banking system. However, Calix warned that this does not equate to tax exemption, as converting crypto assets to fiat could still be tracked. With the growing wealth in crypto assets like RWA and stablecoins, global crypto taxation is inevitable. Users are advised to plan strategically during this window period.