The Hong Kong Institute of Certified Public Accountants plans to release new accounting and auditing guidelines for virtual assets in the first half of 2026. This initiative aligns with Hong Kong's broader strategy to enhance economic growth through innovation and technology, as highlighted in Chief Executive John Lee's Policy Address. The guidelines aim to standardize practices in the burgeoning digital asset sector. Additionally, the institute suggests measures to support the existing patent box mechanism, including an intellectual property financing sandbox and the promotion of intellectual property transactions. These efforts are intended to foster local innovation and boost Hong Kong's competitiveness in technology and digital asset markets.