Rush for Hong Kong’s crypto licenses yet to translate to jobs: Recruiters
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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
On the other hand, Neil Tan, chair of the FinTech Association of Hong Kong, said he’s “met several people that just recently switched over from TradFi to crypto.”
Tan said many are directly approached by crypto firms, while others use sites such as LinkedIn to find roles.
“TradFi keeps shedding headcount every year or two,” Tan added, “so the stability is not necessarily as attractive as it was before.”
“A lot of people are saying there’s so much positive news inside of the crypto and Web3 space in Hong Kong that they’re willing to take a shot.”
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