Wu said that the US Securities and Exchange Commission's Corporate Finance Department has issued a statement providing specific guidance on disclosure requirements for securities issuance and registration in the cryptocurrency market. The statement points out that the relevant issuance may involve equity or debt securities related to networks, applications, or encrypted assets, and may also include encrypted assets as or attached to investment contracts. The SEC emphasizes that issuers should provide clear and complete information in terms of business description, risk factors, securities characteristics, technical architecture, governance mechanism, supply mechanism, management team, financial statements, and appendices based on their specific circumstances, to ensure that investors fully understand the nature of the assets involved and related risks. Especially in the case where the rights and obligations of encrypted assets are implemented through smart contract coding, the issuer should submit the relevant code as an attachment and update it in a timely manner when the code changes. https://www. (wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=40798