Common Reporting Standard (CRS)
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Hong Kong Professionals Push for Lighter Crypto Reporting Amid New Licensing Plans
Yahoo Finance· 2026-01-19 12:37
The Hong Kong government may need to reconsider certain aspects of the OECD’s Crypto Asset Reporting Framework (CARF). Recently, the Hong Kong Securities & Futures Professionals Association (HKSFPA) urged the city’s government to slow down the implementation of some elements of the framework. Hong Kong and Plans for Global Crypto Tax-transparency Systems These Hong Kong professionals believe that the OECD’s CARF and related Common Reporting Standard (CRS) amendments could be a burden. They pointed to t ...