BlockBeats News, September 30th, according to Caixin report, the Hong Kong Inland Revenue Department has clarified that the buying, selling, or transferring of tokenized ETF shares or units on licensed digital asset trading platforms or other platforms in Hong Kong is exempt from stamp duty. Furthermore, Hong Kong is pushing for the implementation of a licensing mechanism for digital asset trading service providers and digital asset custody service providers, hoping to advance related legislative proposals to the Legislative Council next year. Hong Kong Financial Secretary Paul Chan revealed that the first to be implemented in Hong Kong is the Hong Kong dollar stablecoin, and the first batch of licenses is expected to be issued in early 2026 as planned.
