Skip to main content

B. Risk Disclosure Statement

1. VASPs shall publish a detailed description of all material risks associated with Virtual Assets, including but not limited to a specific statement that Virtual Assets—
  a. may lose their value in part or in full and are subject to extreme volatility at times;
  b. may not always be transferable and some transfers may be irreversible;
  c. may not be liquid;
  d. some transactions are not private and may be recorded on public DLTs; and
  e. may be subject to fraud, manipulation, theft, including through hacks and other targeted schemes and may not benefit from legal protections.