Coin News: The Path to Compliance, Mutual Adaptation, Tax Reporting for Bitcoin Purchases in Hong Kong! Recently, the Hong Kong government announced the implementation of a cryptocurrency asset reporting framework to enhance international tax transparency and combat cross-border tax evasion activities. The government expressed its commitment to the Organisation for Economic Co-operation and Development (OECD) Global Forum on Transparency and Exchange of Information for Tax Purposes, stating that Hong Kong will implement a cryptocurrency asset reporting framework to improve international tax transparency and combat cross-border tax evasion activities. Online Commentary: The trend of cryptocurrency assets becoming one of the most important assets in the global free economic world is unstoppable.