👀 Hong Kong is doubling down on regulating #加密货币 and hiring more staff.

The Securities and Futures Commission #香港 is seeking to increase its workforce, planning to add 15 staff members according to the two-year budget submitted to the Legislative Council, of which 8 will focus on cryptocurrency.

The Hong Kong government is facing a budget deficit, expected to reach HK$100 million this year, and Hong Kong is fully embracing and opening up the cryptocurrency market, it cannot be too conservative!