Update admin interface section

core/cap-0046-06.md

@@ -431,14 +431,10 @@ lane, significantly reducing the feasibility of such a concept.
 
 ### Admin Interface
 
-Unlike the existing Stellar protocol, which uses simple flags for compliance
-controls, this proposal delegates all decisions regarding administrative
-functionality to an administrator. The administrator can be a contract or an
-existing Stellar account.
-
-This design decision does not break compatibility with Stellar assets. If an
-existing holder does not want to accept the new terms, they simply elect not to
-use their token in Soroban.
+The admin is initally set to the issuer (except for the XLM contract, where no
+admin is set) and can be updated to a contract or a different Stellar account.
+The admin has controls similar to the issuer on classic as you can see in the
+admin interface.
 
 ### No Total Supply