CREGIS Comments on 2026-27 Budget: Digital Assets Included in Tax Concessions and Custody Licensing Scheme, Defining New Standards for Web3 Enterprise-Grade Compliance

CREGIS, a global leader in enterprise-grade digital asset solutions, today shared its insights regarding the 2026-27 Budget. Shawn Yan, Founder and CEO of CREGIS, welcomes the government's decision to include digital assets within the scope of tax concessions and affirms the importance of the licensing regime for custody service providers in establishing market security standards. Furthermore, he believes the application of stablecoins is set to accelerate capital flow and create high-paying technical roles for professionals.

CREGIS

Optimized Tax Regime: Driving Digital Asset Allocation for Family Offices

Shawn Yan noted that the Budget’s proposal to optimize the tax system by exempting digital assets as eligible investments for family offices provides a powerful incentive for global capital to settle. "Our experience serving family offices proves that when institutional capital enters the Web3 space, the primary concerns are compliance and the security of asset sovereignty," Yan stated.

He added that underlying management strategies such as MPC and HSM (Hardware Security Modules) provided by enterprise wallets offer family office clients a more robust system, allowing them to benefit from policy dividends while mitigating non-transactional risks.

Institutionalizing the Licensing Regime: Enhancing Transparency and Security

The Budget outlined a licensing regime for digital asset custody service providers—a move Yan describes as a milestone for industry maturity. "Many clients have reflected that traditional custody models may suffer from a lack of transparency and 'Single Point of Failure' risks," Yan observed.

He believes that by institutionalizing technical benchmarks and requiring custodians to use segregated accounts, the government is aligning with the logic of "layered management" and "compliant risk control," helping to establish a universally recognized security standard.

Photo source: Design image of Getty

Stablecoin Issuance: Building an All-Weather Settlement Ecosystem

Regarding the announcement that the first batch of stablecoin licenses will be issued next month, Yan expects an enthusiastic entry of institutional-grade clients. Stablecoins are more than just payment tools; they are the "standard protocol" for financial settlement. "Stablecoins significantly accelerate capital turnover. On this track, CREGIS's infrastructure solutions help enterprises implement authorization approval flows similar to traditional banking, ensuring that stablecoin settlements remain efficient while meeting all regulatory and compliance requirements."

Empowering Talent: High-Value Technical Roles for the Next Generation

The compliance of digital assets will facilitate the entry of university students into the global FinTech industry. The licensing regime solidifies the industry’s legal status, creating high-paying roles such as Blockchain Security Auditors and Compliance Analysts. As multinational tech firms establish hubs, local youth will gain exposure to advanced Distributed Ledger Technology (DLT). CREGIS remains committed to training local talent, as a background in a compliant jurisdiction will ensure students are recognized by global enterprises.

Photo source: Design Image

The Asian Infrastructure Investment Bank (AIIB) plans to establish a branch office in Hong Kong. Ms. Zou Jiayi, the President of AIIB, stated that the AIIB will support Hong Kong in further consolidating its position as a hub of international finance, innovation, and technology, as well as other industries. She pointed out that there is significant potential for cooperation between the AIIB and Hong Kong. Given the current geopolitical tensions and other challenges that have led to more cautious private investment, while the demand for infrastructure development and climate change response is urgent, the AIIB's role as a multilateral development bank (MDB) is therefore particularly significant.

Ms. Zou Jiayi, Photo source: reference image

Attending the Asian Financial Forum, she suggested that multilateral development banks can promote the development of financing cooperation in the following aspects: enhancing credit, unifying standards, and reducing risk through multilateral platforms; maintaining market predictability; strengthening market confidence in long-term development and investment; and promoting the interaction between public and private capital to jointly create greater development space. She believed the increased private investment could generate tax revenue for the government, enabling it to invest more in infrastructure. Furthermore, financing can also drive technological, institutional, and managerial innovation and transformation, particularly in addressing climate change and digital infrastructure.

The Asian Financial Forum, Photo source: HKSAR Government Press Releases

Mr. Scott Morris, the Vice-President (East and Southeast Asia, and the Pacific) of the Asian Development Bank (ADB), who also attended the Forum, pointed out that Hong Kong is an important partner and market for the ADB, serving not only as a crucial platform for bond issuance, but also as an important channel for policy dialogue. He said that the ADB and Hong Kong can build cooperation based on bond issuance to further explore the development space for bonds with different themes and expand the scale of financing in the region in the future.