Hong Kong Institute of Certified Public Accountants: It is expected to launch accounting and audit guidelines for virtual assets in the first half of 2026

PANews reported on September 19 that according to Aastocks, the Hong Kong Institute of Certified Public Accountants responded to the Policy Address of Hong Kong Chief Executive Lee Ka-chao, who pointed out that Hong Kong introduced diversified measures to promote economic development, and innovative technology will become a new driving force for economic growth. As the standard maker of Hong Kong's accounting professionals, the Hong Kong Institute of Certified Public Accountants is formulating appropriate guidelines on accounting and auditing work and related matters related to virtual assets, and is expected to be launched in the first half of next year. In addition, it is recommended to introduce measures to cooperate with the existing patent box mechanism, including the launch of intellectual property financing sandboxes and the promotion of intellectual property transactions, to encourage local innovation and science activities and enhance Hong Kong's competitiveness in related fields. Further develop the digital asset market.