A Spanish lawmaker proposed implementing a "traffic light" risk warning system for encryption assets.

robot
Abstract generation in progress

According to Deep Tide TechFlow news on July 15, as reported by Cryptonews, the Sumar coalition of Spanish lawmakers submitted a written proposal to the National Securities Market Commission ( CNMV ), suggesting the implementation of a "traffic light" risk warning system for crypto assets to help investors visually identify asset risks. The proposal also recommends renaming crypto assets such as Bitcoin to "crypto stakes" or "unsecured assets", arguing that these assets "do not grant owners any rights to tangible assets, nor are they related to production activities."

The proposed warning system will identify regulated and stable-performing assets in green, assets with limited support in yellow, high-risk unregulated assets in orange, and speculative assets with no substantial support in red. Lawmakers also called for restrictions on retail investors using AI-driven trading platforms and demanded that exchanges ensure customers read risk warning information before making purchases.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)