Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Over the past year, cases of主播违规 (streamer violations) have surfaced intensively. Reports indicate that regulatory authorities have investigated 1,818 high-income individuals, including top streamers, involving back taxes of 1.523 billion yuan. Behind these figures reflects a deeper issue: as the live streaming economy explodes in scale, the existing financial regulatory system can no longer keep up.
Cases of "Xiaoying Couple," well-known car reviewers, and various top-tier streamers violating regulations have come one after another, seemingly becoming some kind of curse. But this is not just an issue of individual "bad actors." When you delve into these cases, you will find commonalities: mismatched equity structures and actual income, mixing personal and company accounts, chaotic internal financial records, and compliance positions that are virtually vacant. What does this indicate? It shows that the entire industry's financial governance awareness is still in the stage of wild growth.
What do live streaming platforms and MCN agencies hold? The most authentic transaction data—every tip, every transaction, the amount of each advertising contract. This information flows through their systems but has long been siloed. If these platforms and agencies could be integrated into key nodes of compliance regulation, taking on the responsibility to monitor and report streamer income, what would happen? The entire chain could become transparent.
Progress on the technical side is already visible—tax authorities, platforms, and financial institutions have achieved data interconnection. What does this mean? Every live streaming transaction, fund transfer, and contract voucher leaves traces. By comparing backend platform data with personal account flows, tricks like "nested shell companies," "hidden income," and "false declarations" become impossible to hide. As big data audit models deepen, tracking streamer income will become a full-chain process.
But here’s an interesting contrast: why do violations still occur? A key reason is that most small and medium streamers simply do not know "how to pay taxes on tips" or "how to declare commissions from product sales." It’s not that they intentionally do wrong; no one has clearly explained it to them. If regulatory authorities, industry associations, and mainstream platforms cooperate to provide standardized and easy-to-understand "financial guidelines," guiding streamers to voluntarily comply, what effect would that have? It would be far better than punishing after the fact.
Ultimately, the prosperity of the live streaming economy cannot be built on tax revenue loss. For practitioners, the risk of violations has already clearly increased—1,818 cases are a stark reminder. For platforms, taking on regulatory responsibilities is not a burden but an opportunity to clean up the industry and build trust. For the entire ecosystem, establishing a long-term, adaptive compliance system suitable for the new economy now is far more cost-effective than later "settling scores."
Traffic creates value, but value must be generated within a compliant framework. This is the bottom line for all participants.