This article provides a comprehensive overview of Hong Kong's adoption of the Crypto-Asset Reporting Framework (CARF), including its background, evolution, and potential impact. It examines how CARF integrates with established tax transparency systems like CRS and FATCA. Additionally, the article analyzes the anticipated changes and strategic responses for four key groups: trading platforms, custodians, individual investors, and traditional financial intermediaries.
2025-12-15 10:31:28