🚀 Hong Kong is stepping up its crypto game! At the OECD Global Forum, the government announced plans to implement a crypto asset reporting framework by 2026 to combat cross-border tax evasion.
- This framework will require residents to report crypto transactions annually, enhancing global tax transparency.
- The initiative aligns with Hong Kong's commitment to international tax cooperation.
What do you think about these regulatory moves? Share your thoughts in the comments! 💬