Hong Kong launches CARF crypto tax consultation to combat evasion
Hong Kong opened a public consultation on December 9, 2025, to adopt the OECD’s Crypto-Asset Reporting Framework (CARF) and update its Common Reporting Standard (CRS). Framed to curb cross-border crypto tax evasion, the move signals tighter reporting obligations for crypto platforms and increased traceability for users. CARF rollout, DeFi gaps and rising compliance demands The […]