195(b)(1)(iii)(E) - Requirement for a hyperlink to a block explorer

Question

195(b)(1)(iii)(E) - Requirement for a hyperlink to a block explorer

Opened this issue 3 years ago · 2 comments

Is this requirement necessary if the digital asset is an ERC-20 token? Would a hyperlink to something like Etherscan be sufficient?

Answer 1 · 2021-04-13T23:31:50.000Z

They may want to ensure the regulated entity is running their own block explorer in case Etherscan fails to operate correctly.

Answer 2 · 2021-04-14T20:15:36.000Z

By strict reading of the text, and reading the general intent of the rule, an Etherscan link would be valid. The intent is ensuring the public have access to relevant information, and a third-party explorer will do a better job at that than a team-hosted one (it also puts the team further down the road towards decentralization).