The tax issues related to cryptocurrency speculation were actually mentioned in tax reports a few years ago, stating that profits from speculation should be taxed, but there hasn’t been any follow-up on how to implement it. Recently, when they were cracking down on overseas earnings from U.S. stocks, some people voluntarily disclosed their issues, and as a result, crypto trading profits ended up being taxed too. The core issue is that the government currently can’t access user data from exchanges, and exchanges probably aren’t willing to hand over this tax data to certain governments. After all, whether it’s U.S. stocks or A-shares, the market volatility is already intense. If crypto trading also requires paying taxes, even fewer people will want to play. So this tug-of-war will likely continue until one day when the data is shared with certain governments—then things will get really interesting. You have to understand, some years it’s just really hard to make money. The crypto world mainly relies on those one or two bull market years to make profits. By the time taxes are collected, after all the calculations, you might still end up at a loss. As for CZ (Zhao Changpeng) and Xu Mingxing, who do you think will be the first to provide user tax data?