"CRYPTOCURRENCY FOUNDERS SURPRISED TO LEARN NEW REGULATION REQUIRES THEM TO ACTUALLY UNDERSTAND THEIR OWN WHITE PAPERS"
February 27, 2025 - In a stunning turn of events, the Global Crypto Regulatory Alliance (GCRA) has issued a groundbreaking rule mandating that all cryptocurrency founders must pass a comprehensive exam on their project's white paper before launching an ICO. The regulation, cheekily dubbed "Know Your White Paper," aims to ensure founders have at least skimmed the documents they expect investors to trust.
The move comes after a series of high-profile crypto ventures crumbled when it was revealed that their founders could not locate their white papers under forensic analysis, much less explain the tokenomics detailed within. GCRA spokesperson Linda Byte commented, "It’s quite basic really; if you write it, you should be able to read it.
The move comes after a series of high-profile crypto ventures crumbled when it was revealed that their founders could not locate their white papers under forensic analysis, much less explain the tokenomics detailed within. GCRA spokesperson Linda Byte commented, "It’s quite basic really; if you write it, you should be able to read it.