Spanish lawmakers call for "traffic light" risk warnings for crypto assets

According to Cryptonews, Spanish lawmakers are asking the country's financial regulators to implement a "traffic light" risk warning system for crypto assets. The system would classify crypto assets into four levels—green, yellow, orange, and red—based on their registration, support, and regulatory status, as well as market performance stability. Green represents assets that are well-registered, supported, and regulated; 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." [ChainCatcher]