In accordance with Hong Kong media Ming Pao, Hong Kong Legislative Council member Jan Wai-man revealed that the “2026 Taxation (Modification) (Automated Change of Data) Invoice” was handed by the Legislative Council final week, and the Crypto Asset Reporting Framework (CARF) Invoice has entered the review stage. Jan Wai-man acknowledged that the tax and fines recovered by the Hong Kong authorities from 2018 to 2025 have exceeded 100 million Hong Kong {dollars}, and it’s anticipated that a further roughly 8,000 monetary establishments will likely be required to register compulsorily in the future.
