---
title: "Hong Kong will legislate a reporting framework for crypto assets, aiming to complete it by 2026."
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/281283908.md"
description: "Hong Kong plans to legislate a reporting framework for crypto assets by 2026, as announced by Under Secretary for Financial Services and the Treasury, Chan Ho-lim, at the ACCA Hong Kong Branch's Annual Tax Seminar. This initiative follows the OECD's revision of its Common Reporting Standard to include digital financial products and the introduction of the Crypto Asset Reporting Framework to enhance transaction transparency through automatic data exchange among tax jurisdictions. The Legislative Council supports this legislative effort."
datetime: "2026-04-01T01:44:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/281283908.md)
  - [en](https://longbridge.com/en/news/281283908.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/281283908.md)
generator: "portal-rs"
---

# Hong Kong will legislate a reporting framework for crypto assets, aiming to complete it by 2026.

At the 2026 Annual Tax Seminar of the Association of Chartered Certified Accountants (ACCA) Hong Kong Branch, Hong Kong's Under Secretary for Financial Services and the Treasury, Chan Ho-lim, stated that the OECD has revised its Common Reporting Standard (CRS) to include new digital financial products such as central bank digital currencies and optimized the reporting and due diligence requirements for financial institutions. Furthermore, the OECD has released the Crypto Asset Reporting Framework (CARF) to enable tax jurisdictions to automatically exchange crypto asset transaction data, improving transaction transparency. The Hong Kong Legislative Council has given support to complete legislation by 2026. (Aastocks)

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**