Hong Kong To Debut Special Crypto License Amid Low Tax Rate Advantage

Hong Kong is gearing up to roll out a special licensing system for cryptocurrency-to-fiat exchanges. This move aims to make the city an attractive destination for virtual asset investments thanks to its favorable tax policies. What sets Hong Kong apart is its lack of capital gains tax on cryptocurrencies and other virtual assets. In contrast, The post Hong Kong To Debut Special Crypto License Amid Low Tax Rate Advantage appeared first on CoinGape .

Source: CoinGape