Express
Spanish Legislators Call for 'Traffic Light' Risk Warning System for Cryptocurrency Assets
Summary: According to reports from Cryptonews, Spanish legislators are urging the country's financial regulatory authority to implement a 'traffic light' risk warning system for cryptocurrency assets. This system will categorize assets into four levels - green, yellow, orange, and red - based on their registration, support, regulatory status, and market stability. Green represents assets with good ...
According to reports from Cryptonews, Spanish legislators are urging the country's financial regulatory authority to implement a 'traffic light' risk warning system for cryptocurrency assets. This system will categorize assets into four levels - green, yellow, orange, and red - based on their registration, support, regulatory status, and market stability. Green represents assets with good registration, support, and regulation; yellow represents assets with 'limited support' or moderate volatility; orange represents unregulated, high-risk assets; and red is used for speculative assets with 'no clear issuer or substantial support.'
Tags:
Link: Spanish Legislators Call for 'Traffic Light' Risk Warning System for Cryptocurrency Assets [Copy]
