Hong Kong2026.11.05BlockTempo

Hong Kong Passes New Crypto Tax Reporting Law — Exchanges Must Report Client Transactions Starting 2027

• Hong Kong's Legislative Council gave third-reading approval to the crypto-asset reporting framework bill.
• Starting in 2027, crypto exchanges and related service providers must collect customer identity and transaction data for tax reporting purposes.
• The measure brings Hong Kong in line with international standards for cross-border exchange of crypto-asset tax information.