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IOSCO releases policy recommendations for regulating crypto markets!

Nov 17, 2023

The post IOSCO releases policy recommendations for regulating crypto markets! appeared first on Coinpedia Fintech News

The International Organization of Securities Commissions (IOSCO) has released a report with policy recommendations for the regulation of crypto and digital asset (CDA) markets. The report aims to address the risks posed by centralized crypto asset intermediaries, known as crypto asset service providers (CASPs), to investor protection and market integrity. The recommendations provide a global regulatory foundation for CASPs, aligning with IOSCO’s goals and principles for securities regulation. The report identifies six critical domains, including conflicts of interest, market manipulation, insider trading, fraud, custody, client asset protection, cross-border risks, regulatory cooperation, operational and technological risk, and retail distribution. The recommendations suggest applying existing rules or creating new ones, depending on the jurisdiction, to tackle the identified critical areas of harm in these markets.


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[Source: Coinpedia]

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