U.S. Lawmakers Can Get Crypto Regulations Right if They Act Now

Yes, disclosures are in out of place. However, there are some disclosures that don’t apply, as well as things you might want to know about a digital asset that wouldn’t be counted in current disclosure requirements. For example, MiCA requires that projects disclose the type of blockchain consensus works they use, and its environmental impacts. But for now, they can do that in a public whitepaper, rather than a prospectus. Providing new definitions and judges like these seems like a better course than regulation by enforcement.