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Hong Kong Treasury Department: It is recommended to expand the eligible asset categories to include new virtual assets, etc.

Hong Kong Treasury Department: It is recommended to expand the eligible asset categories to include new virtual assets, etc.

CointimeCointime2024/10/21 09:15
By:Cointime

the Financial Secretary and Treasury Bureau Secretary of Hong Kong, Paul Chan Mo-po, suggested expanding the eligible asset categories to align with the overall financial development strategy of the Treasury Bureau. This includes adding carbon emission derivative instruments/emission quotas, insurance-linked securities, loans and private debt investments, and virtual assets, among others, to enable tax exemption for trading such assets.

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