Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • 3 Best Smallcap Mutual Funds with Long Term Growth Potential – Money Insights News
    • What is the 50:25:25 mutual fund strategy? Experts explain how to balance large, mid and small-cap funds
    • What Should You Gift Your Sister on Raksha Bandhan—Gold, FD or Mutual Fund? Which Option Is Better?
    • These Funds Beat the Index By Going Full Tilt
    • Bitcoin ETFs Draw $2.8B in Eight-Day Streak as BTC Tests $80K
    • Your NPS can now be 100% equity. So why not ditch mutual funds? – Money News
    • Green lantern growth fund – NAV, Performance, Portfolio, Ratings
    • Mid-cap vs small-cap funds: What alpha reveals about their performance – Taurus Mid Cap Fund among top laggards
    Facebook X (Twitter) Instagram
    Fund Focus News
    • Home
    • Bonds
    • ETFs
    • Funds
    • Investments
    • Mutual Funds
    • Property Investments
    • SIP
    Fund Focus News
    Home»Investments»Hong Kong Plans Tax Breaks for Crypto Investments and More Licenses for Trading Platforms
    Investments

    Hong Kong Plans Tax Breaks for Crypto Investments and More Licenses for Trading Platforms

    October 28, 2024


    Hong Kong’s government is set to expand tax concessions to include crypto investments by the end of this year.

    Hong Kong’s government is set to expand tax concessions to include crypto investments by the end of this year.

    Christopher Hui, Secretary for Financial Services and the Treasury, announced this initiative during his speech at Hong Kong Fintech Week. The extension aims to cover privately offered funds and family offices, with the intention of stimulating market development in the region.
    In addition to tax breaks, Hong Kong regulators are also working to approve more licenses for crypto trading platforms. Paul Chan, the city’s financial secretary, noted that the Securities and Futures Commission is currently evaluating applications from various crypto asset trading platforms.

    He expressed optimism that new licenses would be issued within the next few months, building on the licensing regime initiated in June 2023.

    To date, the Hong Kong government has granted licenses to three exchanges: OSL Exchange, HashKey Exchange and HKVAX. The move to enhance licensing comes as part of a broader strategy to welcome crypto firms into the city.

    Chan also highlighted the Hong Kong Monetary Authority’s plans to introduce legislation related to stablecoins, following the launch of a regulatory sandbox for stablecoin projects in March.

    Furthermore, the government is reviewing regulations for over-the-counter trading and plans to initiate a second round of public consultation next year.

    This consultation will precede the introduction of a licensing framework for crypto custodian service providers.

    This article contains links to third-party websites or other content for information purposes only (“Third-Party Sites”). The Third-Party Sites are not under the control of CoinMarketCap, and CoinMarketCap is not responsible for the content of any Third-Party Site, including without limitation any link contained in a Third-Party Site, or any changes or updates to a Third-Party Site. CoinMarketCap is providing these links to you only as a convenience, and the inclusion of any link does not imply endorsement, approval or recommendation by CoinMarketCap of the site or any association with its operators.
    This article is intended to be used and must be used for informational purposes only. It is important to do your own research and analysis before making any material decisions related to any of the products or services described. This article is not intended as, and shall not be construed as, financial advice.
    The views and opinions expressed in this article are the author’s [company’s] own and do not necessarily reflect those of CoinMarketCap.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    T. Rowe Price to Acquire F/m Investments

    August 23, 2026

    Tube Investments of India shares surge 8% after Q1 earnings. What Motilal Oswal is saying

    August 18, 2026

    Tube Investments share price rallies 9% post Q1 earnings commentary | Markets News

    August 18, 2026
    Leave A Reply Cancel Reply

    Top Posts

    The Shifting Landscape of Art Investment and the Rise of Accessibility: The London Art Exchange

    September 11, 2023

    Charlie Cobham: The Art Broker Extraordinaire Maximizing Returns for High Net Worth Clients

    February 12, 2024

    ETF Meaning: What is an ETF and How Does it Work?

    July 13, 2026

    The Unyielding Resilience of the Art Market: A Historical and Contemporary Perspective

    November 19, 2023
    Don't Miss
    Mutual Funds

    3 Best Smallcap Mutual Funds with Long Term Growth Potential – Money Insights News

    August 27, 2026

    Over the past twelve months up to 23 August 2026, the Nifty Smallcap 250 TRI…

    What is the 50:25:25 mutual fund strategy? Experts explain how to balance large, mid and small-cap funds

    August 27, 2026

    What Should You Gift Your Sister on Raksha Bandhan—Gold, FD or Mutual Fund? Which Option Is Better?

    August 27, 2026

    These Funds Beat the Index By Going Full Tilt

    August 27, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    XRP ETFs record first outflows, Bitcoin ETFs see over $480M exit the funds

    January 8, 2026

    Experienced Investment Leadership Team Announces New Private Real Estate Investment Company, U.S. Property Development

    March 25, 2025

    New Sanlam Property Impact Fund targets SA’s ‘missing middle’

    October 30, 2025
    Our Picks

    3 Best Smallcap Mutual Funds with Long Term Growth Potential – Money Insights News

    August 27, 2026

    What is the 50:25:25 mutual fund strategy? Experts explain how to balance large, mid and small-cap funds

    August 27, 2026

    What Should You Gift Your Sister on Raksha Bandhan—Gold, FD or Mutual Fund? Which Option Is Better?

    August 27, 2026
    Most Popular

    🔥Juve target Chukwuemeka, Inter raise funds, Elmas bid in play 🤑

    August 20, 2025

    💵 Libra responds after Flamengo takes legal action and ‘freezes’ funds

    September 26, 2025

    ₹9000 monthly SIP can help you retire at 45 with ₹2 lakh monthly pension

    May 5, 2026
    © 2026 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.