Family offices to benefit as HK expands crypto tax incentives

Hong Kong will recognise virtual assets as qualifying transactions under its preferential tax regime for single-family offices, part of broader efforts to attract global fintech firms and strengthen its digital asset ecosystem. The Securities and Futures Commission (SFC) also plans to introduce virtual asset derivatives trading for professional investors, aimed at deepening market liquidity while enforcing strict risk controls. The regulator recently approved staking services and spot crypto ETFs, adding to the city’s growing suite of virtual asset products. A second policy statement on virtual assets is in preparation to outline future initiatives. The move builds on the government’s 2022 policy framework to position Hong Kong as a global hub for digital finance amid increasing global trading activity and institutional interest.