Christopher Hui, Hong Kong’s Secretary for Financial Services and the Treasury, stated that Hong Kong regulators have proposed extending tax break laws to accommodate digital asset investments.
This would mean that Hong Kong citizens who own crypto investments could potentially see a reduction in their taxes in the near future.
The proposed legislation is expected to be introduced by the end of this year. Hui explained that this move aims to showcase Hong Kong’s commitment to being a major asset allocation hub.
Furthermore, Eric Yip, executive director for intermediaries at the Hong Kong Securities and Futures Commission, stated that a finalized list of licensed crypto exchanges will be released by the end of 2025.
