Members of the Hong Kong Legislative Council: Virtual Asset Exchange License Applications Are Active, and the Salary of the Person in Charge of the ATS License Is High

On August 14th, according to the Ming Pao News website, after Hong Kong's regulatory agency established a regulatory framework for virtual assets, the industry has been actively applying for virtual asset licenses. Legislative Council member Li Wei-hong stated that due to the high demand in the market, the salary of personnel (RO) responsible for the 7th license (ATS, automatic trading system) has been increasing.

According to his understanding, the normal monthly salary of license holders is usually between 100,000 and 200,000 yuan, and there are also several personnel seeking employment. He suggested that in order to effectively alleviate the situation, it is recommended to allow 7th license holders to jointly operate with industry experts and strengthen training to meet the industry's manpower needs in developing virtual assets.

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