Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • Top 5 mutual funds in India by AUM: Returns comparison over 1, 3 and 5 years
    • Sukanya Samriddhi vs Mutual Fund SIP For A Girl Child: What Gives Better Returns?
    • Korea’s leveraged chip ETFs struggle to bring investors home
    • New multi-asset allocation fund launched with quantitative investment strategy
    • Private Equity Semiliquid Funds May Face a Redemptions Challenge
    • Best SIP funds over 20 years: Only 5 equity schemes out of 600 delivered over 15% returns across every long-term investment period – Mutual Funds News
    • Two Savers Wake Up £1 Million Richer After July Premium Bonds Draw—One Won With Just £14,000 Invested
    • Leveraged SpaceX ETFs Are Exploding in Popularity. That’s Usually a Warning Sign.
    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

    PE-VC investments down 3% y-o-y in June quarter

    July 1, 2026

    RGP Investments Announces that the Dissolution of the RGP Impact Fixed Income Portfolio Has Now Been Completed

    June 29, 2026

    Tencent Looking to Offload Game Dev Investments, Even at a Loss

    June 23, 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

    Best fixed-rate bonds for July 2026: Earn up to 4.9pc

    December 31, 2000

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

    November 19, 2023
    Don't Miss
    Mutual Funds

    Top 5 mutual funds in India by AUM: Returns comparison over 1, 3 and 5 years

    July 2, 2026

    India’s biggest mutual fund schemes manage several lakh crores of investors’ money. The country’s biggest…

    Sukanya Samriddhi vs Mutual Fund SIP For A Girl Child: What Gives Better Returns?

    July 2, 2026

    Korea’s leveraged chip ETFs struggle to bring investors home

    July 1, 2026

    New multi-asset allocation fund launched with quantitative investment strategy

    July 1, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    Zohran Mamdani wants to divest NYC pension investments from Israel if elected mayor

    September 8, 2025

    This Superstar ETF Could Turn $200 per Month Into $1.3 Million. Here’s How.

    October 15, 2024

    Mutual Fund: This fund has given nearly Rs 88 lakh for an investment of Rs 1 lakh in 27 years. Check details

    October 20, 2024
    Our Picks

    Top 5 mutual funds in India by AUM: Returns comparison over 1, 3 and 5 years

    July 2, 2026

    Sukanya Samriddhi vs Mutual Fund SIP For A Girl Child: What Gives Better Returns?

    July 2, 2026

    Korea’s leveraged chip ETFs struggle to bring investors home

    July 1, 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.