Hong Kong Lawmaker Says 2026 Tax Amendment Bill Passed, Crypto Asset Reporting Rules Under Review

Hong Kong has passed the Inland Revenue (Amendment) (Automatic Exchange of Information) Bill 2026, and a separate bill to implement the Crypto-Asset Reporting Framework is now in the legislative review stage, according to local media reports. According to ChainCatcher, Hong Kong Legislative Council member Hui-min Kan said the bill was approved by the Legislative Council last week. Kan said the Hong Kong government recovered more than HK$100 million in taxes and penalties from 2018 to 2025. She added that about 8,000 additional financial institutions are expected to be required to register under the updated reporting regime.