Hong Kong launches CARF consultation to curb crypto tax evasion
Hong Kong opened a public consultation to implement the Crypto-Asset Reporting Framework (CARF) and to amend the Common Reporting Standard (CRS) for crypto assets. The consultation aims to compel service providers to collect and exchange tax-relevant crypto data as part of a wider effort to reduce cross-border tax evasion. Expanding CARF and CRS to cover […]
Crypto industry pledges support to victims of Hong Kong’s Tai Po Wang Fuk Court blaze
The crypto industry pledged roughly HK$68.78 million (about US$8.82 million) to victims of the Tai Po Wang Fuk Court blaze, one of Hong Kong’s deadliest recent fires. Pledges were made within days of the November 26, 2025 incident, providing rapid liquidity for emergency relief and reconstruction while authorities investigate the cause.