The Hong Kong Institute of Certified Public Accountants plans to launch virtual asset accounting and audit guidelines in the first half of 2026

Odaily Planet Daily News The Hong Kong Institute of Certified Public Accountants responded to the introduction of diversified measures in the Policy Address of Hong Kong Chief Executive Lee Ka-chao, which pointed out that innovative technology will become a new driving force for economic growth in Hong Kong and even the world. As the standard maker of Hong Kong accounting professionals, the Hong Kong Institute of Certified Public Accountants is formulating appropriate guidance 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. (Aastocks)