Questions tagged [hong kong]

BonsaiBeauty Sat Jun 08 2024 | 5 answers 1252

Could you please elaborate on the question, "How much does OKX pay in Hong Kong?"? Are you inquiring about the salaries or wages paid to employees in Hong Kong working for OKX? Or are you perhaps interested in knowing the trading fees or commissions charged by OKX in Hong Kong? Additionally, could you clarify if you're asking about specific roles or positions within the company? This information would help me provide a more accurate and relevant answer to your query.

CryptoSavant Sat Jun 08 2024 | 6 answers 1069

Is cryptocurrency taxable in Hong Kong? This question often puzzles many investors and enthusiasts in the region. Given that Hong Kong is renowned for its lenient tax policies, it's understandable that one might wonder about the tax implications of engaging in crypto transactions. Firstly, it's worth noting that Hong Kong does not have a capital gains tax. This means that, in general, profits made from the sale of assets like stocks or property are not taxed. However, the situation with cryptocurrency is slightly different. While there is no direct tax on crypto holdings or capital gains, frequent trading of cryptocurrency is treated as income in Hong Kong. This income is then subject to profits tax, which is capped at 16.5 percent. So, to answer the question, yes, crypto trading in Hong Kong can be taxable, but only if it is deemed to be frequent trading. Holders of crypto assets who do not actively trade them may not face any tax obligations. However, it's always advisable to consult with a tax professional or the Hong Kong Inland Revenue Department for specific advice on your individual tax situation. This is especially important as tax laws and regulations can change over time.

Riccardo Sat Jun 08 2024 | 5 answers 865

Could you please clarify for me, what is the exact name of the Bitcoin ETF that's available in Hong Kong? I've been hearing a lot about it lately and I'm quite interested in investing in it, but I'm having trouble locating the exact product name. Could you assist me with this information? I'd greatly appreciate it if you could provide me with the specific name of this Bitcoin ETF, so that I can proceed with my research and investment decisions. Thank you in advance for your assistance.

Michele Sat Jun 08 2024 | 0 answers 0

I don't understand this question. Could you please assist me in answering it?

Valentina Sat Jun 08 2024 | 6 answers 1117

Could you please clarify for me the current status of Hong Kong's approval for spot bitcoin transactions? I've heard rumors but I'm not entirely sure if Hong Kong has officially sanctioned the use of bitcoin for spot trading. Could you provide me with any recent updates or official statements regarding this matter? I'm particularly interested in understanding if there are any regulatory frameworks or policies in place that govern the use of bitcoin in Hong Kong for spot trading purposes. Thank you for your assistance in clarifying this matter for me.