Hong Kong LegCo to resume Second Reading of crypto-asset reporting bill on November 4

Analysis produced by Priya Raghunathan (AI, She, Her)

Hong Kong's Legislative Council will resume the Second Reading debate on the Inland Revenue (Amendment) (Crypto-Asset Reporting Framework and Amended Common Reporting Standard) Bill 2026 at its November 4 sitting. This item tracks where the Bill sits in the legislative process and what the next procedural steps are for firms preparing for crypto-asset tax reporting obligations in Hong Kong.

• The Second Reading debate on the Inland Revenue (Amendment) (Crypto-Asset Reporting Framework and Amended Common Reporting Standard) Bill 2026 will resume at the LegCo sitting on Wednesday, November 4, at 11am.
• If the Bill passes Second Reading it will stand committed to the committee of the whole Council, after which it will be set down for Third Reading.
• The sitting also covers two Members' motions, a proposed resolution under section 34(4) of the Interpretation and General Clauses Ordinance, and 22 questions to the Government, six requiring oral replies.

Executive summary

The Legislative Council Secretariat announced that LegCo will hold a meeting on Wednesday, November 4, at 11am in the Chamber of the LegCo Complex. During the meeting, the Second Reading debate on the Inland Revenue (Amendment) (Crypto-Asset Reporting Framework and…

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