According to reports from Wu, the U.S. Securities and Exchange Commission's Division of Corporation Finance has released a statement providing specific disclosure requirements for the issuance and registration of securities in the cryptocurrency asset market. The statement notes that the issuance may involve equity or debt securities related to networks, applications, or cryptocurrency assets. The SEC emphasizes that issuers should provide clear and complete information regarding business descriptions, risk factors, characteristics of the securities, technological architecture, governance mechanisms, supply mechanisms, management teams, financial statements, and appendices. Especially in cases where the rights and obligations of cryptocurrency assets are encoded through smart contracts, issuers should submit the relevant code as an attachment and promptly update it when changes occur.

#SEC