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34 Fear

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Regulation Neutral

Hong Kong passes law to adopt OECD crypto tax reporting framework

Hong Kong's Legislative Council approved a bill that adopts the OECD's Crypto‑Asset Reporting Framework.

  • Hong Kong's Legislative Council passed a bill implementing the OECD Crypto‑Asset Reporting Framework.
  • The law obliges crypto service providers to collect customer and transaction information from 2027.
  • Automatic exchange of tax data with partner jurisdictions will begin in 2028.
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