Hong Kong's New crypto policy proposal shows its "commitment towards being the leading Web3 hub", but it also limits retail investors to big-cap coins and requires exchanges set up committees to regularly review tokens to determine if they should still be traded.

https://www.scmp.com/tech/policy/article/3210863/hong-kong-allow-retail-investors-buy-big-cap-crypto-tokens-boost-global-digital-asset-hub-ambitions