On 4 November 2026, the Hong Kong Legislative Council approved the Inland Revenue (Amendment) (Crypto-Asset Reporting Framework and Amended Common Reporting Standard) Bill 2026 in its third and final reading. As previously reported, the legislation provides for the implementation of the Crypto-Asset Reporting Framework (CARF) in Hong Kong, which will apply from 1 January 2027, with the first automatic exchange of information to take place in 2028. Related Common Reporting Standard (CRS) amen…