News

On March 31, Chan Ho-lam, Deputy Secretary for Financial Services and the Treasury of Hong Kong, stated at the 2026 Annual Tax Seminar of the Association of Chartered Certified Accountants (ACCA) Hong Kong that the OECD has revised the Common Reporting Standard (CRS) to include new digital financial products such as central bank digital currencies, and has optimized reporting and due diligence requirements for financial institutions. Additionally, the OECD has released the Crypto Asset Reporting Framework (CARF) to enable tax jurisdictions to automatically exchange information on crypto asset transactions to enhance transaction transparency. The Hong Kong Legislative Council has expressed support for the aim of completing the legislation by 2026.

Digital asset investment firm Keyrock announced the completion of its Series C financing round led by SC Ventures, with participation from Ripple, valuing the company at 1.1 billion US dollars. The funds will be used to strengthen the balance sheet, product development, and M&A expansion.

Foresight News reported that Trezor Firmware Product Lead Jan Setina stated at the EthCC[9] conference that their team is transitioning the firmware architecture from a monolithic to a modular application platform. This move aims to address structural bottlenecks such as slow integration speeds and hardware storage limitations, which were previously caused by the internal team's need to review all code. Developers can now use its SDK and simulator to independently develop, publish, and maintain applications. The new modular firmware supports dynamic on-demand loading of applications, with each application running in its own sandbox, ensuring that vulnerabilities in a single application do not affect others. This enhances functional scalability flexibility while maintaining security.