Hong Kong's crypto asset reporting framework bill has entered the review stage
2026-06-27 08:02
Odaily Planet Daily News Hong Kong legislator Junius Ho revealed that the "2026 Tax (Amendment) (Automatic Exchange of Information) Bill" was passed by the Legislative Council last week, and the Crypto-Asset Reporting Framework (CARF) bill has entered the review stage. Junius Ho stated that between 2018 and 2025, the Hong Kong government has recovered over HK$100 million in taxes and fines, and it is expected that an additional approximately 8,000 financial institutions will be required to register compulsorily in the future. (Ming Pao)
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