China Offshore Trust Tax Grace Period Ends on 22 October and May Unexpectedly Boost Demand for Digital Dollars

China's offshore trust tax disclosure and settlement grace period ends on 22 October, reflecting the authorities' tighter control of capital outflows and making it harder for high-net-worth families to keep overseas assets outside government supervision. The deadline coincides with China tightening scrutiny of cryptocurrencies, stablecoins and real-world assets.