{"id":"tp-8681","type":"article-newspaper","title":"Hong Kong’s FSTB explains why restricting crypto trading to those with $1M portfolios is good for the industry","author":"Mark Jason Alcala","publisher":"TOKENPOST Inc.","url":"https://www.tokenpost.com/news/regulation/8681","datePublished":"2021-05-27T13:21:52.000Z","dateModified":"2021-05-27T13:21:52.000Z","language":"en","abstract":"FSTB's Christopher Hui said imposing mandatory requirements could protect investors, prevent market manipulation, and facilitate the crypto industry's development.","section":"Regulation","references":[{"title":"speech","url":"https://www.info.gov.hk/gia/general/202105/27/P2021052700347.htm"},{"title":"Cointelegraph","url":"https://cointelegraph.com/news/hong-kong-regulators-set-to-ban-retail-bitcoin-trading"},{"title":"93 percent","url":"https://www.tokenpost.com/Banning-retail-crypto-traders-in-Hong-Kong-could-push-them-to-use-unregulated-platforms-6638"},{"title":"TokenPost","url":"https://www.tokenpost.com"}]}