Hong Kong initiates crypto tax exemption plans for hedge funds, private equity funds, and billionaires

Hong Kong has initiated plans to exempt private equity funds, hedge funds, and billionaires from paying taxes on realized gains from crypto investments. The policy changes could see Hong Kong emerge as a competitive rival against Singapore and Switzerland in the race for the top offshore financial hub. source: https://www.cryptopolitan.com/hong-kong-initiates-crypto-tax-exemption/