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Colin Wu says Hong Kong crypto data sharing will exclude China for now

NewsFeeds update

Hong Kong's Legislative Council passed a CARF amendment on 4 Nov, with automatic exchange of crypto transaction data due from 2028. Colin Wu said mainland China, which is not participating in CARF, will not receive the data for now, and that mainland taxpayers face a 20% rate on crypto trading gains even in Hong Kong.

RegulationCoinNessAINeutral

Read the original on CoinNess

The story so far: Hong Kong adopts CARF crypto tax reporting

Hong Kong's Legislative Council passed a bill adopting the OECD's crypto-asset reporting framework, with providers collecting data from 2027 and automatic exchange due from 2028. A task force was set up to support the framework, and reporting service providers linked to Hong Kong must register with tax authorities…

Headlines only, oldest first. Open a headline for the full update and the outlet it came from.

  1. Hong Kong passes bill adopting OECD crypto tax reporting standard

  2. Colin Wu says Hong Kong crypto data sharing will exclude China for now

  3. Hong Kong legislature passes crypto asset reporting bill

  4. Hong Kong sets up task force for crypto asset tax reporting from 2027

  5. Hong Kong says crypto asset reporting to start in 2027 with provider registration

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Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Updates are joined into one story by AI; our editors can change a story’s name or take an update out. Not investment advice.