BlockBeats message, April 1, according to HuiGang Information, Chen Haolum, Deputy Director of the Hong Kong Financial Affairs and Treasury Bureau, said at the ACCA Hong Kong Branch 2026 Tax Seminar that Hong Kong has already received support from the Legislative Council, with the goal of completing the legislation for the Crypto-Asset Reporting Framework (CARF) by 2026, in order to enable the automatic exchange of crypto-asset transaction data among tax jurisdictions and improve transaction transparency.
In addition, Hong Kong plans to implement the OECD Revised Common Reporting Standard (CRS) before 2028, and to complete the first data exchange with participating tax jurisdictions before 2029. Chen Haolum emphasized that implementing CRS and CARF has far-reaching significance for strengthening Hong Kong’s position as an international asset management hub and financial center.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
