Cryptocurrency News: The path to compliance, mutual adaptation, and Hong Kong's cryptocurrency purchases will soon require tax reporting! 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. The framework has been communicated to the Global Forum on Transparency and Exchange of Information for Tax Purposes of the Organisation for Economic Co-operation and Development, with Hong Kong committing to implement the cryptocurrency asset reporting framework to improve international tax transparency and combat cross-border tax evasion. Online commentary: The trend of cryptocurrency assets becoming one of the most important assets in the global free economy is unstoppable.