Hong Kong’s Legislative Council passed legislation on November 4, 2026 introducing the Crypto-Asset Reporting Framework and an amended Common Reporting Standard. Covered providers must begin collecting customer information on January 1, 2027, and submit the required data annually to the tax authority. The Inland Revenue Department will start exchanging information with partner jurisdictions in 2028, while exchanges under the amended standard will begin in 2029. The requirements cover customer identification, tax residence and transaction information, with confidentiality and security safeguards supporting reciprocal exchanges.
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Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
