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Hong Kong Tackles a Talent Crunch for the ‘Hardest Position to Fill’ in Crypto

From bnnbloomberg.ca

Hong Kong, which is preparing to introduce a new regime for trading digital assets, is responding to concerns raised by industry players about the shortage of a crucial type of worker. In conclusions from a weeks-long consultation published Tuesday, the Securities and Futures Commission included a provision that may allow licensed crypto platforms to employ fewer so-called responsible officers than previously thought. The difficulty finding responsible officers, or ROs, had emerged as a hurdle for crypto companies seeking permits under Hong Kong’s new regulatory regime, which takes effect June 1. That’s threatening ... (full story)

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