TechFlow, July 15 — According to Cryptonews, a parliamentary group from Spain's Sumar coalition has 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 as "crypto bets" or "unsecured assets," arguing that these assets "do not grant owners any rights to tangible assets and are unrelated to productive activities."
Under the proposed warning system, regulated and stable-performing assets would be labeled green, assets with limited backing yellow, high-risk unregulated assets orange, and speculative assets without substantive backing red. The lawmakers also called for restrictions on retail investors' use of AI-driven trading platforms and urged exchanges to ensure customers read risk warnings before making purchases.
