Hong Kong to adopt OECD CARF for crypto tax reporting from 2028

Hong Kong plans to fold crypto assets into the OECD’s Crypto Asset Reporting Framework starting in 2028. A public consultation on CARF runs until early 2026, while the OECD and G20 target a global rollout between 2027 and 2028. Experts say enforcement and coverage beyond centralized exchanges will determine its effectiveness.