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INCOME TAXES (Tables)

6 Months Ended

Jun. 30, 2025

Income Tax Disclosure [Abstract]

SCHEDULE OF LOSS OR INCOME BEFORE INCOME TAXES FROM CONTINUING OPERATIONS

For the six months ended June 30, 2025, 2024 and 2023, loss or income before income taxes from continuing operations consists of:

 SCHEDULE OF LOSS OR INCOME BEFORE INCOME TAXES FROM CONTINUING OPERATIONS

		2025				2024				2023
		For the six months ended June 30,
		2025				2024				2023
		US$				US$				US$
Cayman Islands: CHAINCE DIGITAL HOLDINGS INC. (“MFH”)			(1,188,362	)			(674,004	)			(1,632,390	)
US: Mercurity Fintech Technology Holding Inc. (“MFH Tech”)			(1,746,229	)			(2,728,295	)			(853,446	)
US: Chaince Securities, Inc.			(33,716	)			(34,286	)			(15,737	)
US: Chaince Securities, LLC (formerly known as JVDA, LLC)			(29,778	)			—				—
Hong Kong: Ucon Capital (HK) Limited (“Ucon”)			16,673				(11,975	)			(4,678	)
Hong Kong: Aifinity Base Limited			—				—				—
PRC: Lianji Future Technology Ltd. (“Lianji Future”)			(18,740	)			(58,461	)			(70,436	)
PRC: Chaince (Shenzhen) Consulting Co., Ltd.			—				—				—
PRC: Yingke Precision (Shenzhen) Intelligent Manufacturing Technology Co., Ltd.			—				—				—
Loss or income before income taxes from continuing operations			—				—				—

SCHEDULE OF CURRENT AND DEFERRED COMPONENTS OF THE INCOME TAX EXPENSE

The current and deferred components of the income tax expense from continuing operations in the consolidated statements of comprehensive loss are as follows:

 SCHEDULE OF CURRENT AND DEFERRED COMPONENTS OF THE INCOME TAX EXPENSE

		2025				2024				2023
		For the six months ended June 30,
		2025				2024				2023
		US$				US$				US$
Current tax expense			—				—				(587	)
Deferred tax benefit/(expense)			13,334				(325,646	)			772
Income tax benefit/(expense)			13,334				(325,646	)			185

SCHEDULE OF INCOME TAX BENEFIT FROM CONTINUING OPERATIONS

SCHEDULE OF INCOME TAX BENEFIT FROM CONTINUING OPERATIONS

		US (MFH Tech)				US (Chaince Securities, Inc.)				US (Chaince Securities, LLC)				Hong Kong				PRC				Consolidated
		For the six months ended June 30, 2025
		US$				US$				US$				US$				US$				US$
		US (MFH Tech)				US (Chaince Securities, Inc.)				US (Chaince Securities, LLC)				Hong Kong				PRC				Consolidated
Loss before income taxes			(1,746,229	)			(33,716	)			(29,778	)			16,673				(18,740	)			(1,811,790	)
Income tax computed at applicable tax rates			(366,708	)			(7,080	)			(6,254	)			2,751				(4,685	)			(381,976	)
Current losses unrecognized deferred income tax			366,708				—				—				—				4,685				371,393
Utilization of net operating loss carryforwards			—				—				—				(2,751	)			—				(2,751	)
Effect of different tax rates in different jurisdictions			-				-				-				-				-				-
Non-deductible expenses			-				-				-				-				-				-
Prior income tax expense recognized in current period			-				-				-				-				-				-
Valuation allowances of deferred tax assets			-				-				-				-				-				-
Income tax expenses/(benefits)			—				(7,080	)			(6,254	)			—				—				(13,334	)

		US (MFH Tech)				US (Chaince)				Hong Kong				PRC				Consolidated
		For the six months ended June 30, 2024
		US$				US$				US$				US$				US$
		US (MFH Tech)				US (Chaince)				Hong Kong				PRC				Consolidated
Income/(Loss) before income taxes			(2,728,295	)			(34,286	)			(11,975	)			(58,461	)			(2,833,017	)
Income tax computed at applicable tax rates			(572,942	)			(7,200	)			(1,976	)			(14,615	)			(596,733	)
Current losses unrecognized deferred income tax			572,942				—				1,976				14,615				589,533
Valuation allowances of deferred tax assets			—				—				332,846				—				332,846
Income tax expenses/(benefits)			—				(7,200	)			332,846				—				325,646

		US (MFH Tech)				US (Chaince)				Hong Kong				PRC				Singapore				Consolidated
		For the six months ended June 30, 2023
		US$				US$				US$				US$				US$				US$
		US (MFH Tech)				US (Chaince)				Hong Kong				PRC				Singapore				Consolidated
Income/(Loss) before income taxes			(853,446	)			(15,737	)			(4,678	)			(70,436	)			(507	)			(944,804	)
Income tax computed at applicable tax rates			(179,224	)			(3,305	)			(772	)			(17,609	)			(86	)			(200,995	)
Current losses unrecognized deferred income tax			179,224				3,305				—				17,609				86				200,224
Prior income tax expense recognized in current period			587				—				—				—				—				587
Income tax expenses/(benefits)			587				—				(772	)			—				—				(185	)

SCHEDULE OF SIGNIFICANT COMPONENTS OF THE DEFERRED TAX ASSETS AND LIABILITIES

The significant components of the Company’s deferred tax assets were as follows:

 SCHEDULE OF SIGNIFICANT COMPONENTS OF THE DEFERRED TAX ASSETS AND LIABILITIES

		June 30,				December 31,
		2025				2024
		US$				US$
Deferred tax assets
Net operating loss carryforwards			137,943				124,609
Impairment of intangible assets			238,821				238,821
Valuation allowance			(332,846	)			(332,846	)
Total deferred tax assets			43,918				30,584

Deferred tax liabilities

The significant components of the Company’s deferred tax liabilities were as follows:

		June 30,				December 31,
		2025				2024
			US$				US$
Deferred tax liabilities
Temporary difference of intangible asset			25,200				25,200
Total deferred tax liabilities			25,200				25,200

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Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 9
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-9

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Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Publisher FASB
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Tabular disclosure of income before income tax between domestic and foreign jurisdictions.

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Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480738/235-10-S50-1

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