The new round of regulatory policies further clarifies the role of payment service providers and electronic money operators in financial information reporting. According to regulations, banks and non-bank electronic wallet institutions must adhere to the same data sharing standards as other financial institutions when handling certain types of digital currencies or central bank digital currencies.

What does this mean? In simple terms, tax authorities can now directly access these institutions' account and transaction information for tax purposes. The policy coverage also includes crypto assets managed by exchanges or registered crypto service providers.

Overall, this represents a systematic regulation of the digital asset ecosystem—from traditional electronic payments to emerging crypto assets, all types of institutions are required to be integrated into a unified information reporting system. For industry practitioners, data compliance and transparency have become unavoidable topics.