US SEC Commissioner Calls for Updates to S-1 Form to Better Accommodate the Uniqueness of Cryptocurrency

ChainCatcher news, Alexander Grieve, head of government relations at the venture capital firm Paradigm, stated that SEC Commissioner Mark Uyeda issued a statement regarding the registration rules for index-linked annuities and registered market capitalization-adjusted annuities. In a footnote, he called for an update to the S-1 form to better accommodate the uniqueness of cryptocurrencies. This is Uyeda's first public call for a tailored information disclosure system for crypto assets.