Rush for Hong Kong’s crypto licenses yet to translate to jobs: Recruiters By Cointelegraph

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Crypto firms may appear to have been prepping entry to Hong Kong with unabated excitement, but it’s yet to translate into in-country hires, according to recruitment executives.

On June 1, around 150 companies lined up for a local crypto license which permits the operation of a local crypto trading platform. Some have reportedly even spent up to $25 million to nab one.

Talent war is coming

Hong Kong’s job vacancy rate showing an upward trend since mid-2021. Source: Census and Statistics Department