COINDESK · 2026-11-05 08:36 UTC

Hong Kong passes law requiring crypto exchanges to report customer transactions to tax authorities

Hong Kong passed a law requiring crypto exchanges to report customer transaction data to tax authorities starting in 2027, with automatic information sharing with overseas authorities beginning in 2028. The law adopts the OECD's Crypto-Asset Reporting Framework and requires exchanges to collect customer names, addresses, tax residency, identification numbers, and records of crypto purchases, sales, transfers, and token swaps. Hong Kong's financial secretary said the rules will help combat cross-border tax evasion, with the Inland Revenue Department offering guidance and technical support for…

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