Hong Kong plans to expand the scope of tax exemptions to digital assets and will submit a bill next year.

According to Mars Finance, the Secretary for Financial Services and the Treasury, Chris Hui, revealed in a recent interview that Hong Kong is continuously optimizing its tax exemption policies and plans to further expand the existing tax exemption scope from family offices and funds to emerging product categories such as private credit, carbon credits, and digital assets. A bill will be submitted to the Legislative Council next year.