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