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The International Organization of Securities Commissions (IOSCO) has committed to developing regulatory standards for digital assets by the end of 2023. The plans are included in the organization’s
The International Organization of Securities Commissions (IOSCO) has committed to developing regulatory standards for digital assets by the end of 2023. The plans are included in the organization’s roadmap.
IOSCO publishes Crypto Asset Roadmap for 2022-2023
📰 https://t.co/cOS86oQGSe#crypto assets #DeFi #decentralized finance #crypto #road map pic.twitter.com/KzBm3RTcT4
— IOSCO Press (@IOSCOPress) July 7, 2022
The task was given to the fintech task force created in March. A representative chairs MAS.
Two separate committees will be formed within the group and these committees will be chaired. SEC and FCA. They will present reports with recommendations on DeFi and cryptocurrencies. Participants will focus on market integrity and investor protection and propose ways to adapt existing securities regulatory frameworks to digital assets.
Recall that in May 2022, IOSCO President Ashley Alder envisioned the creation of a joint body that would enforce the rules for the cryptocurrency industry.
Earlier, ECB board member Fabio Panetta called for the coordination of global regulation of the industry.
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I’m Sandra Torres, a passionate journalist and content creator. My specialty lies in covering the latest gadgets, trends and tech news for Div Bracket. With over 5 years of experience as a professional writer, I have built up an impressive portfolio of published works that showcase my expertise in this field.
