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Hong Kong Seeks Public Input on Crypto Reporting Framework

12/9/2025

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Summary

Story summary

Hong Kong has initiated a public consultation on sharing crypto-asset information with other governments.
The move aligns with international standards and strengthens Hong Kong's digital-asset hub status.
The government seeks input on the Crypto-Asset Reporting Framework (CARF) and amendments to the Common Reporting Standard (CRS) proposed by the OECD.
Financial Services Secretary Christopher Hui emphasized international tax cooperation and anti-evasion goals, with regulations expected by 2028–2029.

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Story summary

Hong Kong has initiated a public consultation on sharing crypto-asset information with other governments.
The move aligns with international standards and strengthens Hong Kong's digital-asset hub status.
The government seeks input on the Crypto-Asset Reporting Framework (CARF) and amendments to the Common Reporting Standard (CRS) proposed by the OECD.
Financial Services Secretary Christopher Hui emphasized international tax cooperation and anti-evasion goals, with regulations expected by 2028–2029.