Citing CoinEdition, the Hong Kong government plans to enable the automatic exchange of tax information on crypto asset transactions with other jurisdictions. It aims to pass local legislative amendments within a year, start data exchange under the Crypto-Asset Reporting Framework (CARF) around 2028, and roll out the amended Common Reporting Standard (CRS) by 2029. Christopher Hui, the Secretary for Financial Services and the Treasury, stated the move reinforces Hong Kong’s commitment to international tax cooperation while maintaining its status as a global financial hub. As of late 2025, the city’s licensing regime for virtual asset trading platforms is becoming more established, with multiple licensed platforms under the supervision of the local regulator.
Hong Kong to Share Crypto Tax Data with Global Authorities by 2028
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